Business Nigeria: 3 Important Things to Know About Current Fuel Scarcity Fears - FG

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LequteMan

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Nigeria's information Minister, Lai Mohammed, has assured that government has no plan to increase the pump price of petrol.

Speaking after the federal executive council meeting on Wednesday , he said:

“The minister of petroleum was suppose to join us but he has to attend a very important meeting so that this crisis would be resolved.

“No. The government has no intention at all that to increase the pump price of PMS. Two, the minister assured the council that we have enough products till the next one month even till the end of January.

“Thirdly, this is winter period. There is always more demand for refined products for petroleum during winter period in the colder countries, this is what we are experiencing now.

“Also that it has been the NNPC that has been importing but he has assured. The council gave him a matching order that this fuel scarcity should not last beyond this weekend and they are going to work very hard to ensure that it is curtailed. He assured council that there is actually no cause for alarm.”
 

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