Kachikwu: Minister says fuel scarcity will end in 2019

Kachikwu says fuel scarcity will end in 2019

He said his ministry is working on a plan towards ending the fuel scarcity menace.

The Minister of State for Petroleum, Ibe Kachikwu, said the fuel scarcity crisis will be over in 2019.

The minister noted that the ultimate solution to the recurring fuel scarcity is for Nigeria to fix its refineries.

Kachikwu disclosed this at the joint session of the National Assembly committees on Petroleum Downstream on Thursday, January 4, 2018.

The minister bemoaned the exportation of crude products to other countries adding that the country was losing huge revenue due to such action.

Kachikwu expressed dissatisfaction with what he called the 'business model' being operated in the petroleum sector.

He, however, disclosed that the ministry was working on an 18-month temporary plan towards ending the fuel scarcity menace.

The minister expressed optimism that with the turnaround maintenance at the various refineries, the completion of Dangote refinery, and the modular refineries, the fuel scarcity crisis will be over in 2019.

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