During the handing over ceremony of Boss Gida Mustapha as the Managing Director and Chief Executive Officer (MD/CEO) of National Inland Waterways Authority (NIWA), Mustapha who is the new Secretary to the Government of the Federation (SGF), has assured Nigerians that the current fuel crisis was being addressed by government agencies.
Oil Marketers created fuel scarcity to make profits- SGF
The SGF also denied allegations by certain persons that the Federal Government is contemplating to increase the pump price of petroleum products.
Recommended articles
![Yahaya Bello recently left office as governor [KGSG]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'100'%20height%3D'100'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "Yahaya Bello recently left office as governor [KGSG]")
According to reports by PM NEWS, Boss Mustapha attributed the fuel scarcity to greed on the part of the marketers who created artificial shortfall in order to make profits. He noted that the government has engaged all relevant stakeholders and in a few days, the queues will ease out.
He said, I can assure the people that a day or two after the yuletide, the queue will ease out. The marketers created the scarcity but we have engaged all the relevant stakeholders and we are confident that it will soon normalize.
We are not thinking about increase in the pump price. We have not discussed it and we will not increase the price.
ADVERTISEMENT
Meanwhile, the Nigerian National Petroleum Commission (NNPC), had earlier blamed the oil crisis issue on the oil marketers who according to them were hoarding the product. The Group Manager of NNPC, Maikanti Baru said the corporation had increased the supply of petrol by over 50 million litres per day.
Article by Misthura Otubu
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Comparing comprehensive vs third-party auto insurance in Nigeria
Kaduna Speaker to El-Rufai's son: Your threat won't stop us from probing your father
Makinde demolishes building where Yoruba Nation agitators operate from
APC chieftain, Lukman faults NWC for backing Ganduje over suspension
EFCC gets permission to drag ex-governor Yahaya Bello to court tomorrow
Court stops EFCC from arresting Yahaya Bello hours after agents surrounded his house
Tinubu hails Dangote's diesel price cut, expects economic boost
'Is this relevant?' - Nigerians react as Gov Adeleke signs bill for new Osun State logo
Why donated blood is not free for patients
Pulse Sports
Lionel Messi's son breaks the internet after scoring five goals for Inter Miami
Naija Stars Abroad: Onyedika, Boniface, and Osimhen shine across Europe
Victor Osimhen and Tobi Amusan make list of Forbes’ 30 under 30 Class of 2024
ADVERTISEMENT
