The Fuel Scarcity Being Experienced Nationwide Is Regrettable – Buhari

As Nigerians face a new year celebration characterised by fuels scarcity, soaring transportation and food prices, and their inability to even travel to their country homes to spend the season with their loved ones, President Muhammadu Buhari yesterday broke his silence on the crisis and expressed his regret over the harrowing situation. He also expressed sympathy with Nigerians.

Buhari in a statement that he personally signed and posted on his Twitter handle @MBuhari, said he sympathised with Nigerians on the “needless” queues they have had to contend with in recent times, adding that he had directed regulators in the oil and gas sector to increase their surveillance and end hoarding and price hikes by fuel marketers.
The president, who said he was being briefed regularly on the effort by the Nigerian National Petroleum Corporation (NNPC) to ensure availability of fuel across the country, added that he had been assured by the NNPC that a significant improvement would be witnessed in the next few days.

According to him, the corporation had also disclosed that new shipments of fuel were being distributed nationwide, noting that the relevant agencies would continue to provide updates on the situation, even as he thanked Nigerians for their patience and understanding.
He said: “The fuel scarcity being experienced nationwide is regrettable. I sympathise with all Nigerians on having to endure needless fuel queues. I’m being regularly briefed, especially on NNPC’s interventions to ensure that there is enough petrol available during this period and beyond.

“I have the NNPC’s assurance that the situation will improve significantly over the next few days, as new shipments and supplies are distributed across the country.
“I have also directed the regulators to step up their surveillance and bring an end to hoarding and price inflation by marketers. Let me also assure that the relevant agencies will continue to provide updates on the situation. I thank you all for your patience and understanding.”