21 April 2016
Almost a month into the scarcity of fuel rocking the country, the Minister of State for Petroleum, Dr. Ibe Kachikwu takes to explain some factors responsible for the crisis.
One of the things explained as what majorly plays a part in fuel is the clearance of 600 billion Naira subsidy to marketers inherited from the past administration. Added to this are logistics issues, dysfunctional refineries and sabotage by marketers.
Dr. Kachikwu, however, told reporters that the government was doing everything possible to deliver fuel to all parts of the country in a few days. The government also stated it was working hard to end the importation of petrol to Nigeria by 2019.
In thesame vein, the Federal Executive council admitted that power supply in the country had dropped from 5,000 megawatts to 3,000 megawatts due to vandalism of the Forcados pipeline that supplies gas to the power plants. The Minister of Power, Works and Housing, Mr. Babatunde Fashola, said that the Federal Government was working tirelessly to ensure that the lines are repaired.