Oil & GasTop Story

Just in: Petrol queues to ease off next week, NNPCL GCEO, Kyari says

1k
Advertisement




Within the next one week, Nigerians will heave a sigh of relief on the artificial petrol scarcity across the country, the Group Chief Executive Officer, Nigerian National Petroleum Corporation Limited, Malam Mele Kyari, has assured.

According to him, the lingering scarcity and high cost will ease off next week.

“Now within the next one week, I’m not saying that you are going to have zero queues within the next one week, No, because a number of things are out of our control, and of course, the market forces will determine some of these issues.

“But I believe that we are going to see substantial and relative ease compared to today in the next one week,” Kyari said

Kyari said this in a video clip aired on Channels TV on Tuesday evening.

He, however, said he could not assure that the queues at the fuel stations would disappear, but added that there would be significant improvement in the next one week.

“I apologize for the situation on behalf of all of us in the oil and gas industry,” the GCEO of NNPCL said.

Persecondnews had reported that the new naira notes scarcity has affected drastically petrol purchases as filling stations have continued to reject the use of POS or transfer platform to pay for petrol.

Protests have broken out in various states and cities with Nigerians bemoaning the impact on their businesses and daily living.

President Muhammadu Buhari had on February 3 urged Nigerians to give him seven days to resolve the currency crisis.

See also  NNPC targets 50bn barrels of hydrocarbon reserves as Buhari flags off oil well in Nasarawa

Author

Leave a comment

Related Articles

Breaking: Caught: ‘Fake’ PFIPC DG Adeyemi Arrested Under Court-Ordered Bench Warrant

Adeniyi Adeyemi, the self-styled Director-General of the controversial Presidential Foreign Investment Promotion...

African CSOs Seek Greater Role in Shaping Anti-Terror Financing Policies

By Omoyeni Ojeifo African civil society organizations must actively collaborate with governments...

Terror Financing: African Countries Urged to Protect Legitimate NGOs

By Omoyeni Ojeifo African countries have been urged to correctly implement global...

Gov. Makinde Wants UN to Investigate Oyo Abduction

By Omoyeni Ojeifo Following the safe return of pupils and teachers abducted...