Business I Won't Allow Fuel Scarcity to Happen in Nigeria Under My Watch - Kachikwu

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LequteMan

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Nigeria - Emmanuel Ibe Kachikwu has vowed not to allow fuel scarcity in the country in his tenure as NNPC's Group Managing Director.

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“I will not allow scarcity to happen in the country. I will import as much as I need. I will try and refine as much as I can and I will keep looking at those comparative dynamics and see where we will land. I certainly would hope that someday in my tenure, we would stop importing," he said.

“But it is not going to happen on a 100 per cent basis unless you build new refineries. The total capacity anywhere, even if we are doing a 100 per cent is about 20 million litres. Consumption today is 40 million litres.”

He spoke during an inspection of the Port Harcourt Refinery Company.
 
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