Kachikwu Confirms Fuel Queues Won’t Go Away Anytime Soon
Nigerians’ fears have been confirmed. The queues in the filling stations isn’t going away anytime soon.
And the Minister of State for Petroleum Resources, Ibe Kachikwu, on Thursday confirmed this would be the reality.
He, however, stated that a lot of work was being done by the Ministry and the Nigerian National Petroleum Corporation, NNPC to address the situation.
According to him, PMS importation burden on the NNPC was so much.
Kachikwu, who spoke during the conclusion of the Nigeria International Petroleum Summit in Abuja, also stated that the country needed $100 billion Naira worth of investments in order to revive its oil and gas industry.
Responding to a question on how he intends to ensure that the petrol queues, which are gradually disappearing in Abuja and neighbouring states, did not reappear after the close of the NIPS, Kachikwu stated that he doubted if the situation had gone finally.
“Even though I did tell the NNPC to make sure that there was no queue during this period, it should have been looked at literarily. It was basically saying that it’s gone on for a long time and you need to find a solution.
“Has it gone away finally and for good? I don’t think so. I don’t think so in the sense that there are still a few things and there are importations taking place, there are reserves that are being rebuilt and so a bit of challenge.
"But I know what they’ve done is being able to manage the logistics angle very well,” Kachikwu said.
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