Prof. Yemi Osinbajo, the Vice President of Nigeria, has ordered Ibe Kachikwu, the Minister of State for Petroleum Resources, to end the furl scarcity being expressed across the country. The directive was given at the Federal Executive Council meeting held at the Presidential Villa, Abuja on Wednesday.
Meanwhile, Lai Mohammed, the Minister of Information, has said allayed the fears that the government might be trying to increase prices of petroleum products hence the scarcity. He said the scarcity was as a result of an increased demand by colder countries, who need more petroleum products during winter.
“One, the government has no intention at all to increase the pump price of PMS. Two, the minister (Kachikwu) assured the council that we have enough products till the next one month, even till the end of January.
“Thirdly, this is the winter period. There is always more demand for refined petroleum products during the winter period in the colder countries, this is what we are experiencing now.