The Minister of State for Petroleum, Dr. Emmanuel Ibe Kachikwu, has
apologised to Nigerians for the biting petrol crisis and assureed them
that it would ease off by Monday.
The Minister on Saturday took a monitoring tour of some fuel service stations in Abuja to assess the situation.
He
said more volumes of petrol had been deployed across Nigeria to ensure
that fuel service stations had enough products to serve their customers.
He
appealed to Nigerians to desist from hoarding the product, saying all
efforts were being made to ensure there was no further instigating
crisis in the sector to save Nigerians any further hardship.
There have been nation-wide scarcity of petrol and the situation had
triggered hike in the price of the commodity to as much as 200 Naira in
some part of the oil-rich nation. The government approved price of
petrol is 86.50 Naira.
The scarcity is coming at a period of huge
reliance on petrol by households for generation of electricity, since
power from the nation grid had dropped drastically.
At the moment, the nation with a population of over 160 million is managing less than 3,000 megawatts.
The
government had blamed the situation on sabotage and pipeline vandalism,
which he said had affected the amount of electricity generated.

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