Editorial

Still On Fuel Scarcity In Rivers

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For the umpteenth time, Nigerians are
made to suffer yet another round of
fuel scarcity. The situation has even become worrisome in the last two weeks with its crippling effects on the economy and the social wellbeing of the citizenry.
Coming at a time when Nigeria is grappling with economic recession and poor power supply, the effects of the current fuel scarcity in the country on the citizenry are better imagined, especially in Rivers State where the black markets have become the only source of fuel.
Although the Federal Government is currently embarking on measures to eliminate the long queues at filling stations across the country, The Tide believes that the albatross of fuel scarcity requires permanent solution. Even the government’s interventionist measures are yet to produce results in many states like Rivers.
Given that Nigeria is the sixth largest oil producing nation in the world, The Tide considers it ironical and sad that the citizen, constantly face the hardship of long queues at filling stations and are made to pay through their noses for the product that flows from their backyards.
That the scarcity of Premium Motor Spirit (PMS) has, since the inception of the new administration, defied solutions, calls to question the administration’s understanding of the petroleum sector. Eight months after, they have not delivered on the promise to make petroleum products available and affordable.
We particularly find it inexplicable that the Federal Government has on its employ only 300 staff at the Department of Petroleum Resources (DPR). Clearly, the nation will require more personnel to monitor fuel distribution and pump price across the 36 States of the country. It is not only irrational, but also suggests the government’s unpreparedness to tackle corruption in the oil sector.
It is common knowledge that in spite of government’s new approved pump price of N86.50 per litre, many retail outlets have continued to sell fuel above the approved pump price, with reckless impunity. Yet, some others close to customers and commuters in the day time, only to open at odd hours to hawkers who resell the product to commuters in plastic kegs at higher prices.
This is unacceptable, especially under an administration that came to power on the platform of anti-corruption crusade. Even worse is the sustained scarcity of the product in parts of the country. Besides the artificial scarcity, the impunity in the oil sector is too daring. This cannot be happening under the Ministry being expertly handled by the President Muhammadu Buhari himself.
In Rivers State for instance, many filling stations still sell fuel at more than N120.00 per litre, yet the DPR saddled with the responsibility of sanctioning erring stations appears helpless and even compromising. Could this have been as a result of insufficient number of DPR officials in the state or deliberate connivance of the DPR officials with managers of retail outlets?
Whatever it is, The Tide believes that the Federal Government owes it a duty to make fuel available and affordable to Nigerians. It also behoves the government to sanction any official found culpable of compromising or sabotaging government’s efforts at ridding the oil sector of heartless opportunists.
We commend the Rivers State Government for constituting a taskforce to monitor fuel distribution in the State. We hope that the committee will live up to its mandate of ensuring that allocations meant for the State are lifted with ease and are not diverted to other States.
The Tide expects that with such taskforce, DPR officials should have ready allies as they enforce the official pump price of N86.50 at retail outlets. The teams should ensure that artificial scarcity is eliminated, even as black market activities are banned. They should also be firm on the imposition of sanctions without excuses.
Meanwhile, the Federal Government must, as a matter of urgency, find a lasting solution to the frequent scarcity of petroleum products, especially, in Rivers State. Beside effective monitoring of the movement of petroleum products and sanctioning of errant marketers, The Tide notes that it is high time the Federal Government found workable plans that will stabilize the oil sector.

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