The minister of petroleum resources, Diezani Allison-Madueke has promised that the current fuel scarcity will end in the next one week.
Madueke vowed to solved the fuel crisis which she attributed to supply hitch, diversion, hoarding, rumours of price hike and problems of supply.
The minister made the pledge while defending her ministry’s proposed N61.9 billion budget for 2014 before the joint committees of petroleum (upstream and downstream) and that of the gas of the House of Representatives.
She stated that the Federal Government has no plans to increase the pump price of petrol.
“I said categorically that we have no plan to increase the pump price of petrol anytime in the near future,’’ she said.
She said the rumour led to hoarding and diversion of the product. She however stated that the petroleum products will flood the country next week, and warned that any filling station caught diverting petrol will be sanctioned.
“It was quite obvious that there was a hitch in supplies about a week ago and that had been remedied now,’’ she said.