FG moves to mitigate fuel scarcity

Posted by: Agency Reporter Posted date: November 07, 2012 In: News Update | 

 

The Federal Government has approved the release of fuel from the nation’s strategic reserves to mitigate the scarcity of the product nationwide.
The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, said this in a chat with the News Agency of Nigeria on Wednesday in Okirika, Rivers.
Alison-Madueke spoke with NAN on the sideline of the inauguration of the Nigerian National Petroleum Corporation Jetty in Okirika Local Government area of Rivers.
“We have put all our weight and our strategic reserves out to ensure that we keep it (scarcity) as minimal as possible.
“I do believe that the issue of fuel scarcity and subsidy payment is also being handled aggressively by the Ministry of Finance.
“On our side, we will ensure that our strategic reserves are put to very good use and that we keep it (fuel scarcity) as low as possible,” she told NAN.
Alison-Madueke said the turnaround maintenance and rehabilitation of the nation’s refineries were presently ongoing, adding that the completion of the exercise would guarantee accessibility of products by consumers.

SOURCE: 8 November 2012.