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Thursday, 24 March 2016

Kachikwu's comments on fuel supply misinterpreted - NNPC

The Nigerian National Petroleum Corporation, NNPC has said that Dr Ibe Kachikwu's 'sincere' assessment of the fuel supply scenario was misinterpreted during a brief chat with State House Correspondents at the Presidential Villa Wednesday.
The Corporation in a statement decried what it termed ``misinterpretation’’ of an otherwise benign and sincere assessment of the fuel supply scenario by Dr. Kachikwu at the Presidential Villa after leading members of the National Union of Petroleum and Natural Gas Workers, NUPENG and Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, to a meeting with Mr. President.

According to journalists at the state house, Kachikwu said despite the efforts being put in place by the Federal Government, fuel queues might not be completely eliminated until about two months.
He said since he was not a magician, the fuel queues could not be eliminated with a magic wand.
According to a statement signed by Garbadeen Muhammed,Group General Manager, Group Public Affairs Division, "The Minister’s candour is in keeping with the regime’s policy to be open and sincere with Nigerians at all times."
"For the avoidance of doubt, it is pertinent to state that efforts are in full gear to eliminate all extraneous factors which have so far impeded the free flow of petrol across the country, especially the issue of foreign exchange for oil marketers which the Honourbale Minister is working with the Central Bank of Nigeria to resolve, the NNPC stated.
The NNPC assured Nigerians that the fuel scarcity would end soon as the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has activated the enablers to ensure sanitization of the fuel supply and distribution matrix.

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