Sponsored
Oil & Gas

Fuel Scarcity: Reps C’ttee Demands Clampdown On Hoarders, As Rep. Kolawole Sympathises With Nigerians

Sponsored
Sponsored

The House of Representatives Committee on Petroleum Resources (Downstream and Midstream) has called on security agencies to pick up hoarders of Premium Motor Spirit, also known as petrol, as the scarcity of the products continues to challenge Nigerians nationwide.

This is as the committee assures Nigerians that its findings reveal the availability of petrol, stressing that the logistical challenges that have made the product scarce are being addressed.

Addressing a press conference at the National Assembly Complex, Abuja, on Wednesday, the co-chair of the committee and Chairman, House Committee on Petroleum Resources (Downstream), Ikenga Ugochinyere, said although there was enough petrol to service the country for about 30 days, the supply and distribution to marketers was disrupted by challenges of transport vessels “That was supposed to take the products from offshore to onshore.”

Ugochinyere, who represents Ideato North/South Federal Constituency of Imo State, said, “We strongly frown at the activities of middlemen who have taken advantage of the short disruption of supply, to maximize profit and generate an inordinate gain for themselves, at the detriment of our people.

“We hereby call on security forces to support the Nigerian National Petroleum Company Limited, the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Petroleum Products Retail Outlets Owners Association of Nigeria, the Nigerian Association of Road Transport Owners and other key stakeholders in the distribution chain, to ensure that acts of economic sabotage that has to do with hoarding, arbitrary increment in price, products diversion and smuggling are detected and dealt with.

“Our people have been through a lot in the last few days and we must not plunge them into further pains. We appeal to all traders and those rendering services not to unduly take advantage of this temporary challenge, which will be cleared in the next few days.”

Ugochinyere said, “It is so painful that Nigerians have been subjected to great hardship and pains as a result of the scarcity of petroleum products in the past few days. This development has led us as representatives of the people, to engage with the regulators of the relevant sectors to find out the cause(s) of this scarcity and provide solutions to same.

“We express our concerns over the temporary presence of fuel queues in petrol stations nationwide. This has adversely affected the lives and businesses of Nigerians across the country. As elected representatives of the Nigerian people, we are greatly disturbed by this development.

However, we are convinced that this is temporary and that we will get over it in a few days. From our investigations, we have found out that petrol products are available. We have it on good authority that we have at least 1.5 billion litres of petrol in our storage facilities that can last for 30 days.

“It is, however, saddening to note that it is as a result of logistics that the queues have resurfaced. These logistic issues range from difficulty in transporting products from the mother vessel to the respective petrol stations. Movement of products from offshore marine vessels to the stations, disruption from Escravos channels.

<strong><em>Hon. Akinlayo Davidson Kolawole</em></strong>

“We have gotten the assurances from the regulators in the value chain that these bottlenecks are being cleared. In the course of this public holiday, more grounds will be covered. From our findings, the issues that necessitated the disruptions which led to the appearance of fuel queues in petrol stations have been cleared,” he said.

Another House of Representatives Member Hon. Akinlayo Davidson Kolawole has also described the latest fuel crisis in Nigeria as an unwelcome development.

Hon. Kolawole who represents Ekiti North Federal Constituency II called on relevant Stakeholders in the Oil Industry to as a matter of urgency fashion way to resolve all issues related to the supply of the Petroleum products inorder alleviate the sufferings of the masses.

Hon. Kolawole spoke with journalists in Ado Ekiti through his mobile phone from Abuja.

The politician described the latest fuel scarcity across the land as a deliberate wickedness against Innocent Nigerian Masses by some Petrol Marketers.

“What Nigerians are passing through at getting premium motor spirit PMS for the past few days is unfortunate and unwelcome development”.

Hon. Kolawole sympathised with all Nigerians, Ekiti People especially his Constituents and urged them to be patient while expressing optimism that, the fuel crisis would be addressed within the week.

Sponsored
Alinnor Arinze

Recent Posts

Sextortion: US Consulate, FBI Laud EFCC, Seek Enhanced Information Sharing

The United States Consulate in Lagos and the Federal Bureau of Investigation, FBI, have commended…

2 hours ago

Alleged ₦7.8bn Fraud: Witness Tells Court He Deposited Billions for Emefiele in Zenith Bank

The Third Prosecution Witness, PW3, Richard Agulu, on Tuesday, July 7 told Justice Yusuf Halilu…

2 hours ago

President Tinubu Orders ICPC To Investigate Fake Presidential Agency, Gives 30-Day Deadline

President Bola Ahmed Tinubu has directed the Independent Corrupt Practices and Other Related Offences Commission…

3 hours ago

Gov Otti Approves Hosting Of 27th Annual AfriCANDO 2026 In Umuahia

CHARLES OGUGBUAJA , Ph.D. His Excellency, Gov Alex Otti, OFR, the Executive Governor of Abia…

4 hours ago

Sanwo-Olu, Umahi Dismiss Claims Linking Lagos-Calabar Coastal Highway To Flooding

The Governor of Lagos State, Mr. Babajide Sanwo-Olu, and the Minister of Works, Engr. David…

5 hours ago

Ondo State Participates In Pre-Council Zonal Technical Consultative Meeting On Women Affairs And Social Development

In furtherance of the commitment of the Ondo State Government to promoting inclusive governance, social…

5 hours ago
Sponsored