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Home Energy

Petrol scarcity: House of Reps Committee Assures Nigerians of Imminent End to Fuel Queue Woes

Business 360 by Business 360
May 2, 2024
in Energy, Petrol
0
FG Steps in to Avert Fuel Supply Disruption Amidst Rising Operational Costs as Petrol Tankers begin strike

The House of Representatives Committees on Petroleum Resources (Midstream and Downstream) have offered assurances to Nigerians that the persistent long queues at filling stations nationwide will soon become a thing of the past. The committees cited resolution of logistic challenges as the key factor behind the imminent disappearance of fuel scarcity that has inflicted hardship on citizens.

Chairmen of the committees, Ikenga Ugochinyere and Henry Odianosen Okojie, delivered this assurance during a press briefing at the National Assembly complex in Abuja. They outlined logistical issues ranging from difficulties in transporting products from mother vessels to onshore locations, challenges in marine shuttle vessel movements, and disruptions in the Escravos channels as factors contributing to the fuel scarcity.

In a joint statement, Ugochinyere conveyed the National Assembly’s receipt of assurances from regulators that bottlenecks in the distribution value chain had been effectively addressed. He emphasized that while petroleum products were available, distribution encountered hurdles, leading to the emergence of long queues.

Highlighting the country’s substantial storage capacity, Ugochinyere revealed that storage facilities held approximately 1.5 billion liters of petrol, ensuring a supply that could sustain for 30 days. The committees have engaged with stakeholders in the petroleum distribution value chain to resolve underlying issues exacerbating the fuel queue situation. The proactive engagement by the National Assembly reflects a concerted effort to mitigate the impact of fuel scarcity on citizens’ daily lives. As Nigerians await the anticipated relief from fuel queues, the committees’ commitment to addressing logistical challenges underscores a collaborative approach toward ensuring stable and accessible fuel supply across the nation.

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