The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has assured Nigerians that there is no scarcity of fuel in the country.
Kyari gave the assurance on Tuesday while speaking with journalists after a routine briefing with President Muhammadu Buhari at the Aso Rock Presidential Villa, Abuja.
Fuel stations all over the Federal Capital Territory (FCT) have started witnessing long queues of motorists struggling to buy the premium motor spirit (PMS), also known as petrol since Saturday and the situation worsened on Tuesday.
Kyari explained that the scarcity was a result of the suspension of operations by tanker drivers, who were protesting some labour issues with their employers.
He stated that the worst was over as the strike had been suspended for one week and tanker drivers had already resumed lifting fuel from depots across the country.
He added the agreement struck with the aggrieved drivers would enable the government to reach a more lasting understanding on the matter.
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“These queues will go away. It’s because there was industrial action by petroleum tanker drivers against their employers, the National Association of Road Transport Owners around their compensation package, and those issues were not resolved up till yesterday until we intervene to ensure that there’s an amicable settlement between the parties so that they will have peace and then normal loading operations will commence from the depots.
“As I speak to you at this moment, loading has commenced in all depots in the country, dispatches of trucks are ongoing in all the depots in the country and they have called off the strike for a period of one week to enable us to intervene and find a solution. So there’s really nothing fundamental that is happening now,” he assured.
Asked about the government’s plan to end the petrol subsidy regime, the NNPC GMD said the government was still in the process of working out the best way out of the current situation, which he assured would be in the best interest of the ordinary citizen.
“Subsidy is a policy matter, I’m sure you’re aware of this, there are engagements going on within government to get the best framework for having a fully deregulated PMS market.
”As this is going on, we are engaging all parties and all stakeholders as government and to make sure that at the end of the day, there’s an exit that is beneficial to the ordinary man.
“That is why we know we will not be able to complete that in the month of May and therefore we declared that there will be no increase in fuel price. I have no update in hand now, this is beyond me, but we’re engaged to make sure that we have the right timeline,” he said.
