Local NewsTrending Now

BUHARI ENDORSES PLAN TO END FUEL SCARCITY

BUHARI-ENDORSES-PLAN-TO-END-FUEL-SCARCITY

President Muhammadu Buhari has endorsed a plan to conclusively end the fuel scarcity in the country, a presidency official has said.

The official, who disclosed this on Sunday in Abuja, said the plan would ensure that the incidence of fuel scarcity does not occur again.

He said that in a matter of days, every state in the country would have returned to a very low queue situation at filling stations or a complete return to the normal way.

The official said the plan, which was presented to the Federal Executive Council (FEC) last week, had been signed off previously by the president before he left the country last Sunday.

The plan, according to the official, had clear goals that included a conclusive determination on the initial cause of the scarcity with attendant consequences imposed.

“The plan is designed to do everything necessary to end the scarcity quickly and hold those responsible for it in the first instance responsible so as to avoid a repeat,” he said.

The plan drawn up by NNPC executives had won the endorsement of the president and the praise of Vice President Yemi Osinbajo, especially because of the 24-hour round-the-clock operations.

NAN reports that 24-hour sales in major supply centers in the country and 24-hour continuous loading at all depots coordinated personally by NNPC Group Managing Director, Mr. Mele Kyari, with the active participation of the Director-General of the DSS, Alhaji Yusuf Bichi, are ongoing.

The 24-operations also have an enforcement element with monitoring teams “to prevent any act of sabotage and ensure smooth operations.”

That 24-hour operations also included the direct participation and support of members of the Major Oil Marketers Association of Nigeria, Independent Petroleum Marketers Association of Nigeria, and private depot owners.

By the end of the previous week, the official said the country had over one billion liters of petrol stock equivalent to about a month’s sufficiency based on the 60 million liters per day evacuation.

He said Lagos and Warri/Oghara loading zones hold the highest land stock of petrol with over a 200million liters and over 100 million liters respectively, with the balance of the stock held as Marine Stock.

According to the official, the endorsed plan also maintains the high evacuation rate which is the total amount of stock supplied until such a time that the distribution situation is made normal.

“The most important thing to the presidency is that this scarcity is quickly ended and a recurrence firmly avoided in the future.

“This now seems certainly possible,” the official said.

Leave a Reply

Your email address will not be published.

Back to top button