Again FG says no plan to hike gasoline value

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    Again FG assures no plans to hike fuel price
    Again FG assures no plans to hike gasoline value

    The Vice-President, Prof. Yemi Osinbajo, on Monday restated that the Federal Government had no plan to extend the pump value of petrol in 2018.

    Osinbajo gave the reassurance throughout his go to to gasoline depots in Lagos the place he monitored the loading of vehicles to make sure regular provide of petrol to designated filling stations.

    The News Agency of Nigeria (NAN) reviews that Osinbajo visited some main gasoline depot terminals and stakeholders in Apapa and different components of Lagos on Christmas Day.

    According to the Vice President, the gasoline shortage going through the nation is on account of scarcity of provide to depots throughout the nation.

    “The President could be very a lot involved about Nigerians and the way we will rapidly finish the gasoline shortage disaster within the nation.

    “The gasoline disaster presently confronting the nation is on account of scarcity of provide of gasoline to depots throughout the nation.

    “We hope that in the next couple of days, we would be able to end the fuel queues,” Osinbajo stated.

    He stated that any marketer who hoarded petroleum merchandise for the aim of constructing additional revenue can be handled by the enforcement company saddled with the accountability of regulating the sector.

    Earlier on the stakeholders interplay assembly, the Minister of State for Petroleum Resources, Dr Ibe Kachikwu, stated that the lengthy queues can be over by Wednesday.

    Kachikwu, who famous that over 150 vehicles had been supplying gasoline each day, added that there had been collection of conferences and consultations with the oil entrepreneurs.

    He stated that he would meet with the Group Managing Director of NNPC, Dr Maikanti Baru, to place collectively buildings and extra plans to finish the gasoline scarcity at the moment going through the nation.

    NAN remembers that the Vice-President had on Christmas Eve made an sudden visit some filling stations in Lekki and different components of Lagos Island to evaluate the gasoline scenario.

    According to the Vice President, the Buhari administration is doing all the pieces potential to rapidly resolve the gasoline scarcity skilled by Nigerians.

    It can be recalled that President Muhammadu Buhari had on Sunday sympathized with Nigerians over their struggling occasioned by the shortage of petrol throughout the nation.

    President Buhari stated that he had already directed the regulators to step up their surveillance and convey an finish to hoarding of the merchandise and value inflation by entrepreneurs.

    Fuel shortage throughout festive intervals is a recurring characteristic in Nigeria, though it disappeared within the final two years.

    In some states a litre of gasoline rose to between N200 and N300 per litre as towards the official pump value of N145.

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