FG orders NNPC to clear queues before Sunday.

February 16, 2018

The Federal Government, on thursday, ordered the Nigerian National Petroleum Corporation,to bring an end to the lingering fuel crisis before the end of the weekend.
It also stated that the Federal Ministry of Petroleum Resources and some of its agencies were working out measures that would ensure the retention of pump price of petrol at N145 per litre despite a landing cost of about N171 per litre.

Adressing newsmen on the Nigerian International Petroleum Summit, NIPS, scheduled to hold between February 18 and 22, 2018, the Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, said the government is highly concerned about the growing fuel queues and is already working round the clock to address the crisis.
He blamed the persistent fuel crisis on logistics and policy challenges, noting however, that the Federal Government is not considering increasing the price of the commodity.

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