Fuel crisis to end in a week's time

Minister of State for Petroleum Resources, Ibe Kachikwu

The Scarcity of Petrol continued in Lagos, Abuja and many other parts of the country on Thursday, defying the deadline given by the minister of Petroleum Resources, Dr. Ibe Kachikwu.

The Minister had said queues by motorists at filling stations would disappear in the Federal Capital Territory and Lagos by Thursday, and in other major cities of the country by the weekend.

However, marketers said that the scarcity of fuel would persist beyond this week due to logistic problems, limited number of vessels bringing in the product and clearances procedures for the vessels by relevant agencies in the downstream oil sector.

They said if the supply of the product improved significantly, the scarcity should come to an end in the next one week.