ENERGYNEWSPOLITICS

Oil Marketers, FG agree to end Fuel Scarcity

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Fuel-Scarcity Marketer

An end to the fuel scarcity crisis ravaging the country looms near as the Federal Government and petrol marketers have agreed to end the problem on or before June 13.

During a meeting held by stakeholders from the Major Oil Marketers Association of Nigeria (MOMAN), Independent Petroleum Marketers Association of Nigeria, Depot and Petroleum Products Marketers Association of Nigeria, Pipelines and Product Marketing Company, the Nigerian National Petroleum Corporation, the Department of Petroleum Resources, Petroleum Products Pricing Regulatory Agency, Petroleum Equalisation Fund and the Federal Ministry of Petroleum Resources, a resolution was finally reached to end the crisis.

The Permanent Secretary of the petroleum ministry, Taiye Haruna, after the meeting, revealed to newsmen that the PPMC and the marketers have agreed to increase the level of product supply across the country.

He concluded that efforts will be made to reduce the long queues and hence, the effect of the scarcity, within a week.

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