Minister of State, Petroleum Resources and Group Managing Director, Nigerian National Petroleum, Ibe Kachikwu, says the fuel
crisis being experienced in the country will end by next week. Kachikwu
said this while speaking to state house correspondents after the
Federal Executive Council meeting today April 20th. He blamed the
scarcity on saboteurs.
"The queues are as a result of sabotage. Some people rather than sell
products send them into interlands where they can sell at ridiculous
prices and so you are having this price distortions where people are
making a lot of money, some are internal and some are
external but a lot of it is marketers trying to make
quick returns on their investments wrongly. We have asked DPR to deploy
officials to ensure products are sold at the right because is only
through price stabilization that these system queues will disappear.
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