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Fuel Scarcity Will End Before New Year, Says Maikanti Baru.

Maikanti Baru.
MD/CEO, NNPC.
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, has vowed that Nigerians will not go into 2018 with the scarcity of petroleum products.

Baru, who disclosed this to State House correspondents in Abuja on Friday, reiterated NNPC’s position to ensure the pump price of fuel was maintained at the current official price of N145 per litre.
According to him, any marketer found hoarding fuel or selling above the official price will be punished.
“I’m happy to report that we have tamed the monster that reared its head as a result of the rumoured price increase about three weeks ago.
“Unfortunately that rumour instigated a lot of marketers to be very greedy and they decided that their fellow citizens should not enjoy the Christmas holiday and New Year with ease and decided to profiteer starting by hoarding and diversion of products.
“At the beginning I did address the press, telling the world that we have sufficient products that will last us 30 days through the New Year into January but because the marketers wanted to inflict harm and pains on fellow citizens, they decided to hoard products, divert them and in some cases even smuggled products out of the country.
“This has been tamed by the actions we took and I personally led the war around Abuja and other teams led the war in Lagos and other parts of the country,’’ he said.
The GMD noted that already the queues in the filling stations in Abuja had started disappearing, saying that normalcy would soon be restored in the distribution of the product.
He said: “”As of this morning, I have gone round the Abuja metropolis and I have seen that the queues have reduced significantly to almost normal level and few motorists that I heard speaking on morning programmes concerning what I have seen said they have not spent up to 30 minutes to fuel their cars.

““So the monster has been tamed in Lagos, the situation has been brought into normalcy as far as two days ago and we are also achieving the same thing in all other cities.

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