The federal government has hinted that the final solution to the perennial fuel scarcity will be when all the four refineries are producing an average of 10 million litres of petrol daily.
The feat, when achieved, would not only put an end to fuel scarcity in the country but it could do much to ensure that even the subsidy issue on fuel is resolved without inflicting much pain on ordinary Nigerians, Minister of State for Petroleum and the group Manaing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Emmanuel Ibe Kachikwu, has said.
Speaking during his official visit to Kaduna Refining and Petrochemical Company (KRPC), Kachikwu said the nation’s four refineries have been repositioned to produce no less than 10 million litres of Premium Motor Spirit (PMS).
According to him, the mission of the visit was to ascertain the current state of the refinery and identify areas of challenges for the workers at the refinery.
“A lot of work has been done and a lot manpower have been put in place. But a lot still needs to be done in order to put this refinery to work continuously and reliably,” he said.
He noted that a lot of progress has been made in terms of availability of fuel in the various cities and towns as the long queues are fast disappearing from the filling stations.
While commending the management of KRPC for keeping the refinery working for more than a week now, he said there was room for improvement in moving the current production level from 1.5 million litres to 2 or 3 million litres per day.
The Minister expressed confidence that with more refineries coming on stream the fuel supply situation will continue to improve in the country.
He also said the Federal Government was doing all it could do to ensure the subsidy on fuel is resolved without inflicting more pain on ordinary Nigerians.
“Everybody is on the same page that we need to get out of it; should we sell product at a certain price or should we let the free market roll in,” he asked.
According to him, the President says that product should go for N87 per litre for now and that he has given an approval to look at market trends and make adjustment if need be.
He assured that the administration was committed to ensuring adequate supply of petroleum products across the country.
Drop your comments: Post your comments below, and chose your sign in format like google account with gmail. Alternatively if you dont want to sign in, you can choose the name/url or open ID option amid other formats of contribution.
Follow Joshua Osagie on facebook Global audience / facebook Nigerian audience / facebook personal account / facebook (fan page)/ and twitter
 |
| ADVERTISE WITH THE FOREFRONT: +234-803-698-6103. For more details CLICK HERE NOW |
Excellent online shopping of numerous items (electricals, electronics, computers, tablets, phones, wears, etc) with Konga Nigeria. Ease yourself the stress of conveyance get your item(s) delivered to you at your doorstep. Shop with them; check them out here>>> KONGA
No comments:
Post a Comment
Disclaimer!!! Opinions expressed in comments do not represent THE FOREFRONT MEDIA NG's views. All participants are entitled to their opinions. Thank you!!!
Advertise on the Forefront: For advert placement in the blog or advert posts like news updates, reach +2348124620827 [WhatsApp].
Copyright 2023 The Forefront Media Ng. All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from The Forefront Media Ng