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Sunday, April 21, 2024

Why Fuel Scarcity May Not End Anytime Soon – NUPENG

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The Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has warned that the lingering fuel scarcity might not end anytime soon except the Federal Government takes effective action on petroleum products availability, Vanguard reports.

This is coming as independent oil marketers and other private petroleum products operators accused the Nigeria National Petroleum Corporation, NNPC, of running a monopolistic system.

President of NUPENG, Comrade Igwe Achese, said: “Clearly from the perspective of our own study, in as much we are concerned with the current situation we find ourselves, scarcity will continue. However, like we rightly said, if Federal Government is having a political will to address these issues, definitely, we will get out of this quagmire. For now, I’m sure we will still continue to find ourselves in where we are.

“NNPC, through its Products and Pipeline Marketing Company, PPMC, subsidiary is trying everything possible to see that this scarcity issue is resolved, but it also requires the commitment of all stakeholders.”

Regarding the loading of products at the depots of PPMC and other marketers, he argued that, “It is not an issue of Capital Oil, or Mosimi, it is an issue of the process. We need to change our approach, we need to change our structure in terms of the way and manner we carry out these operations.”

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