By Levinus Nwabughiogu
ABUJA – At a time when Nigerians were expecting respite from the pangs of the lingering fuel scarcity in the country, the Minister of State for Petroleum, Mr. Ibe Kachikwu has apparently dashed their hopes, stating that the current queues at gas stations would persist till late May.

The minister who doubles as the Group Managing Director, GMD of the Nigerian National Petroleum Cooperation, NNPC added that he was not a magician to make the queues disappear overnight.

According to him, it was even a “magic” that the stations were still getting volume of products they dispense to the public, judging from the prevailing circumstances at NNPC.

The Minister also revealed NNPC’s import rates have moved form 50 percent to all- time 100 percent, saying that the 445 barrels allocated to crude swap now service 50 to 55 percent importation of refined product.

But giving a glimpse of hope on how to achieve lasting solution to the product scarcity, Kachikwu stated that government was working to beef up the reserves.

He stated that the when the refineries come on full stream, locally refined products would be left unsold in the reservoir to boost supply and availability of the products.

The minister was fielding questions with the State House Correspondents after leading officials of Nigeria Union of Petroleum and Natural Gas (NUPENG) and Petroleum and Natural Gas‎ Senior Staff Association of Nigeria (PENGASSAN) to a meeting with president Mohammadu Buhari at the presidential villa, Abuja on Wednesday on when the queues at the gas stations would disappear.

He said: “One of the trainings I did not receive is that of a magician but I am working very hard to ensure some of these issues go away‎. And let’s be honest, for the five, six months we have been here, NNPC has moved from a 50 percent importer of products to basically a 100 percent importer. And the 445 barrels that were allocated was to cover between 50 and 55 percent importation.

“So, it is quite frankly sheer magic that we even have the amount of products at the stations. We are looking to see how to get foreign exchange imput. The president and I discussed extensively on how to get more crude directed at importation. His excellency will rather have less crude but have individuals in the society suffer less with inconveniences than have more crude and have them continue to suffer.

http://www.vanguardngr.com/2016/03/fuel-scarcity-will-persist-till-may-kachikwu/

Change is bad
I thought he said last week that fuel scarcity will be over by this week, we are in for a long thing till 2019 , only this afternoon Organized Labor has raised alarm that over 3 millions workers are to be sacked nationwide by various multi national companies.

Read more at: http://www.vanguardngr.com/2016/03/nbl-guinness-nbc-7up-flour-mills-wampco-others-sack-workers/.
Buhari has killed the Economy finally.

what has he said pls

Kachukwu is a HEGOAT and a coward. Instead of telling us the truth and coming clean with the massive incompetence of him and his phoolish boss, he rather persist in denial and deceit

Shey I talk say kachi mouth na two

That will be May 29, exactly 1year, buhari got into power.

To remind us that we can go Bleep ourselves, d dullard gives no shit.

Is alright.

We are in for serious hardship.. Fuel is currently sold in my area for 140 at filling station

hinwazaka:
Kachukwu is a HEGOAT and a coward. Instead of telling us the truth and coming clean with the massive incompetence of him and his phoolish boss, he rather persist in denial and deceit

Bros take it easy, that guy is working his ass out under tough economic situation we find ourselves today. Give the man some credits joor

These idiots that told GEJ that not having fuel scarcity throughout his regime wasn't something he should use in campaigning because to them there is nothing special about it... Now just few months into their own regime, Nigerians are being faced with untold hardship... Na wah o

For months now we have been buying fuel for 150 and above and everybody is getting used to it.

What a bunch of failures... Noise makers without action... Yet zombies are still linking their fuccking ass.

Frankiss44:
These idiots that told GEJ that not having fuel scarcity throughout his regime wasn't something he should use in campaigning because to them there is nothing special about it... Now just few months into their own regime, Nigerians are being faced with untold hardship... Na wah o

For months now we have been buying fuel for 150 and above and everybody is getting used to it.

What a bunch of failures... Noise makers without action... Yet zombies are still linking their fuccking ass.

But you know that the circumstances under which the present administration is working is far worse than when PDP was in power. There is a global economic melt down due to the slump in crude oil prices. So don't blame Buhari. Blame the poor economy.

Nigerianne T efini

highpriest4:
Nigerianne T efini

Meaning ''Naija too much'' ,
Lol

another promise cancelled

divinehand2003:


But you know that the circumstances under which the present administration is working is far worse than when PDP was in power. There is a global economic melt down due to the slump in crude oil prices. So don't blame Buhari. Blame the poor economy.

Blame the presidency for deliberate "I don't care attitude" because the presidency will have to swallow its unprecedented lies against the efforts of the last administration wrt solving fuel issues!

divinehand2003:


But you know that the circumstances under which the present administration is working is far worse than when PDP was in power. There is a global economic melt down due to the slump in crude oil prices. So don't blame Buhari. Blame the poor economy.

Rubbish... So in other words we shouldn't expect anything from Buhari because of poor economy right? Were they not aware of the slump in crude oil prices when they were making careless promises? If oil is really falling down at the International market, why are Nigerians paying thru their nose to get the byproducts? Even small countries like Ghana, Benin and Gambia are not facing this sort of embarrassment that we are facing as a country despite the fact that they are not known oil producing countries?

We know this government is clueless and can't give us power and jobs... But is it too much to ask them to make fuel available at the normal price?

Well, we have no option than to endure till May. But I just hope Liar Muhammed or the number one dullard will not come and deny this when the time comes

Nigeria is pitiably in a wrong hand

divinehand2003:


But you know that the circumstances under which the present administration is working is far worse than when PDP was in power. There is a global economic melt down due to the slump in crude oil prices. So don't blame Buhari. Blame the poor economy.

God pls dash this Zombie small sense

Abeg where can i get ticket to planet MARS?

take it from me , we are in a big mess in this country , this fuel ish..... would linger till the end of this Johnny walker's rule.

the man doesn't care

On the 11th of this month, Mr Kachikwu told us fuel scarcity will end by Monday the 14th. https://www.nairaland.com/2986996/fuel-scarcity-end-monday-kachikwu. Till now fuel queue had not reduced talk more of ending. Today he is making another statement. Mr Kachikwu has joined the league of liars in this government.

THIS IS EXACTLY WHAT HAPPENED LAST YEAR.

*During campaign*

APC: Young man what are you eating?

Nigerian: Rice

APC: Rice and what?

Nigerian: Rice and one meat.

APC: What are you drinking?

Nigerian: Fanta.

APC: This is bad, you deserve rice and beans with at least 5 meats and your choice drink.

Nigerian: Is that so?

APC: Yes. Make our candidate your cook and we will see to that and more.

*Nigerian votes. APC wins, Day 1*

APC: Food is ready.

Nigerian: What do we have.

APC: Beans and pure water.

Nigerian: No meat?

APC: No meat, I met the kitchen virtually empty.

*Nigerian eats*

#Day 2.

Nigerian: No food today?

APC: Nope, your cook traveled.


#Day 3

APC: Food don ready:

Nigerian: What do we have today?

APC: Beans.

Nigerian: No pure water?

APC: The last cook looted your kitchen.

#Day 4

Nigerian: No food today?

APC: Nope, your cook traveled. He's gone to recover your looted meat, bread, sugar and other cooking items.

Nigerian: But at least there should be something to eat.

APC: He used the remaining to fund his journey and repair his plane.

#Day 5

APC: Food is ready.

Nigerian: What did you cook?

APC: Cook kee, the economy is bad and oil price is nose diving so manage this garri, kuli kuli and milk.

Nigerian: So we can't afford beans now?

APC: The last cook used fulani herdsmen to destroyed our ban and embarrass your new cook

Nigerian: No sugar?

APC: The last cook used all the sugar.

#Day 6

Nigerian: Wetin dey today.

APC: Garri dey... If you get money go use am buy kuli kuli and milk.

divinehand2003:


But you know that the circumstances under which the present administration is working is far worse than when PDP was in power. There is a global economic melt down due to the slump in crude oil prices. So don't blame Buhari. Blame the poor economy.

Who.

Who told u dre is global economic meltdown, nd what does. Fuel scarcity got 2 do wit crude prices, last I checked, it is no more being subsidized, infact we re subsidizing d government.


U guyns should educate ur self well b4 posting trash in d net.

By every degree of measurement, this government is a disgrace. QED. Why do they keep deceiving the people

This is not good o.

On the 11th of this month, Mr Kachikwu told us fuel scarcity will end by Monday the 14th. https://www.nairaland.com/2986996/fuel-scarcity-end-monday-kachikwu. Till now fuel queue had not reduced talk more of ending. Today he is making another statement.

sosanova:

Change is bad
I thought he said last week that fuel scarcity will be over by this week, we are in for a long thing till 2019 , only this afternoon Organized Labor has raised alarm that over 3 millions workers are to be sacked nationwide by various multi national companies.

Read more at: http://www.vanguardngr.com/2016/03/nbl-guinness-nbc-7up-flour-mills-wampco-others-sack-workers/.
Buhari has killed the Economy finally.

What r u complaining about ?

He simply CHANGED it to May.

The sad thing about most respondents is that they hardly read or understand the contents. there is no where in the body of report that vanguard quoted the minister saying the problem will linger till may. it is well o.

joshuaopu:
The sad thing about most respondents is that they hardly read or understand the contents. there is no where in the body of report that vanguard quoted the minister saying the problem will linger till may. it is well o.

". And let’s be honest, for the five, six months we have been here, NNPC has moved from a 50 percent importer of products to basically a 100 percent importer. And the 445 barrels that were allocated was to cover between 50 and 55 percent importation."

highpriest4:
Nigerianne T efini

Lalasticlala please come and see another white lie by Kachuckwu