nnachukz:
The only meaningful thing we want to hear now is that the fuel scarcity has ended. He can keep his explanation to himself.

caprini1:
Dude should resign and go start up HINT magazine again and continue telling us family stories...nonsense!

989900:


Did you watch the video?

If you did, why is the above your opinion?

And, in his shoes, what better approach would you have pursued?

caprini1:
Yes I watched the video,and Ibe is a good orator,but I refuse to be swayed by his lyrics...the balance of the 40% of product by importers to supplement what NNPC produces,did not come partly by lack of forex for importers.........oh please!.....knowing that everything runs on fuel,why not make special provisions for them?....On payments of subsidy,why not negotiate better and at least keep the fuel coming,than wait before it became like a tussle between marketers.

989900:


I think he answered the same points you raised.

caprini1:
I really don't want this fuel impasse to dent Ibe,s CV .Yes more stations are selling,but still at N200/liter.

PapaBrowne:
Interesting video.
[s]From all indications the cause of the Fuel scarcity is clear. If you listened carefully, you'd understand the real reason why it was so easy for Jonathan to provide us fuel and it's been so difficult for Buhari to do same.
Kachichukwu's 3 undertones.
1)We(NNPC) shouldn't have attempted to go it(importation) alone.
Buhari assumed that NNPC can supply all our fuel needs so he decided to discontinue supply relationship with importers by frustrating their forex demands. He wanted NNPC to do all the importation but forgot to determine first whether they had the capability to execute such a monumental charge[/s].

omohayek:
Now, this is what a competent official sounds like! It's clear that Kachikwu fully understands the problems affecting fuel supply in Nigeria, as well as the solutions required to deal with the issue once and for all.

[s]Unfortunately, it's also clear that the policy preferences of his boss (aka the Minister of Petroleum, aka the Junketer in Chief) have made what was already a bad situation even worse: Buhari is to blame for cancelling the contract with Tompolo which has led to an upsurge in vandalism, Buhari is to blame for a ridiculous FX policy which has brought domestic business to its knees, and Buhari is to blame for refusing to listen to Kachikwu when he first suggested privatizing and deregulating several months ago.

And just for the record, I say all of the above as neither an APC nor a PDP supporter. Jonathan's regime was rife with corruption, and his lack of decisiveness allowed Boko Haram to grow from a local nuisance into a huge menace; as such, it's perfectly understandable why the majority of voters should have wanted him out of office. The pity for Nigeria is that the only alternative to Jonathan was a stubborn old economic illiterate who is convinced that he can run an entire country's economy along the same 'command and control' lines he learned in the army.

If Buhari persists in his current course of action, he risks turning the country into another Venezuela or Zimbabwe, and those who are currently crying "bring back corruption" will start to sound all too reasonable to the majority of Nigerians.[/s]

vedaxcool:


Rubbish from a career gossip who pretends to be sitting next to PMB whenever Kachikwu speaks to him.

caprini1:
Yes I watched the video,and Ibe is a good orator,but I refuse to be swayed by his lyrics...the balance of the 40% of product by importers to supplement what NNPC produces,did not come partly by lack of forex for importers.........oh please!.....knowing that everything runs on fuel,why not make special provisions for them?....On payments of subsidy,why not negotiate better and at least keep the fuel coming,than wait before it became like a tussle between marketers.

tbaba1234:
Minister of State for petroleum gave a detailed explanation about the fuel problem on his Facebook page. He explained the reasons and what has been done. He pointed out the short term, mid term and long term solutions.

It is an interesting video.

After listening to the video, i think the biggest problem of this government is communication.

http://www.facebook.com/IbeKachikwu/videos/793045980826982/


https://www.youtube.com/watch?v=4ijMONeXnK4

vedaxcool:


Rubbish from a career gossip who pretends to be sitting next to PMB whenever Kachikwu speaks to him.

PapaBrowne:
Interesting video.

From all indications the cause of the Fuel scarcity is clear. If you listened carefully, you'd understand the real reason why it was so easy for Jonathan to provide us fuel and it's been so difficult for Buhari to do same.

Kachichukwu's 3 undertones.

1)We(NNPC) shouldn't have attempted to go it(importation) alone.
Buhari assumed that NNPC can supply all our fuel needs so he decided to discontinue supply relationship with importers by frustrating their forex demands. He wanted NNPC to do all the importation but forgot to determine first whether they had the capability to execute such a monumental charge. It's like deciding the government would now be responsible for bread supply in the country without first determining if they know the flour suppliers, whether they have enough bakers and things like that.

2)Pipeline vandalism.
Kachichukwu said there has been more pipeline vandalism this year alone than there was in the last 3 years combined. And this has affected terribly fuel supply logistics.
Well I wouldn't say anything here besides the fact that the tompolo pipeline contract suddenly looks like it was the wiser step afterall since whoever is now guarding those pipelines are failing terribly where Tompolo succeeded.

3)Returning to the Jonathan strategy-
Kachichukwu has admitted that the NNPC cannot do this importation thing alone. So same as Jonathan did, they are now deciding to let the private sector get in on importation again.

Truth be told, Buhari's assumption that what worked in the 70s would work today is what is largely responsible for the troubles we are finding ourselves. The earlier Buhari allows his minister their freedom to operate, the faster we would get out of the mess we are facing.