FG says petrol shortage will end soon

monjola sotubo

March 5, 2015 5:56 PM

Okonjo-Iweala also added that the Federal Government has been meeting with the petrol marketers for the past 10 days and has agreed to pay the N30 billion it owes them.

The Federal Government has said that the fuel scarcity currently plaguing the country will end at the weekend.

This was disclosed on Wednesday, March 4, by the Minister of Finance, Ngozi Okonjo-Iweala.

Okonjo-Iweala gave the assurance after a meeting with stakeholders from the Central Bank of Nigeria (CBN), Petroleum Products Pricing Regulatory Agency, (PPPRA) as well as oil marketers and depot owners.

“In the next few days, the queues will dissipate, the situation will be addressed and everything will return to normal. At the Federal Executive Council meeting today (yesterday), the issue was discussed in terms of pushing forward and making sure things get back to normal,” the minister said.

Okonjo-Iweala also added that the FG has been meeting with marketers for the past 10 days and has agreed to pay the N30 billion it owes them.

monjola sotubo