President Muhammadu Buhari has reacted to the lingering fuel scarcity across the country sympathising with Nigerians on having to “endure needless fuel queues.”
The President in a statement on Sunday assured of NNPC’s intervention. He said he has directed regulators in the oil and gas industry to step up their surveillance and bring an end to hoarding and price inflation of petroleum products by marketers.
Buhari who is also the Minister of Petroleum said the acute fuel shortage is regrettable.
“The fuel scarcity being experienced nationwide is regrettable. I sympathise with all Nigerians, on having to endure needless fuel queues. I’m being regularly briefed, especially on the NNPC’s interventions to ensure that there is enough petrol available during this period and beyond.
“I have the NNPC’s assurance that the situation will improve significantly over the next few days, as new shipments and supplies are distributed across the country.
“I have also directed the regulators to step up their surveillance and bring an end to hoarding and price inflation by marketers,” he said.
The President, therefore, assured that the relevant agencies will continue to provide updates on the situation and thanked Nigerians for their patience and understanding.
