Oil & Energy
Fuel Scarcity: No Respite Yet – Report

Queues along Lagos Bus Stop in Port Harcourt due to fuel scarcity , yesterday. Photo: Nwuieh Donatus Ken
The Federal Governemnt
measures of dea-ling with the fuel queues seem to have failed to check the fuel scarcity that has paralysed activities in the country as fuel queues are not dissipating in parts of Abuja and Lagos.
As part of the short-term measure, the government has promised to take delivery of 40 million litres of petrol daily till end of April, 2016.
However, some analysts said last week that the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu may have failed in his promise to ease off fuel scarcity by the weekend as desperate Nigerians were still seen crowding filling stations in an unusual manner recently in their hundreds waiting to buy fuel.
Industry sources said there may not be respite until this week because the rate of discharge of the cargoes brought into Apapa jetty is very slow. They said the current vessel servicing both Nipco, Mobil and Forte Oil with about 20 million litres have been discharging in the last three days and it is yet to finish.
They complained that the facilities on ground cannot take delivery of 40 million litres every day because the turnaround time pipeline is now working. It is responsible for pumping fuel to mosimi-depot.
They said it would also pump fuel to Ibadan from where the northern parts of the country would be serviced in order to cut short the number of days it would take to transport fuel to the north.
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