Fuel Scarcity: Oil workers urge Okonjo-Iweala to intervene

FILE PHOTO: Fuel Queue

The Nigeria Union of Petroleum and Natural Gas workers, NUPENG, on Monday in Abuja called on the Minister of Finance, Ngozi Okonjo-Iweala, to intervene in the current fuel crisis in the country.

Isaac Aberare, the NUPENG General Secretary, told the News Agency of Nigeria that the intervention of the minister was imperative to resolving the crisis.

Mr. Aberare also called for the intervention of the Nigeria National Petroleum Corporation, NNPC, Petroleum, Pricing, and Regulatory Agency, PPPRA, and major players in the sector to tackle the scarcity.

“It is the intervention of the minister that can adequately solve the problem.

“She is the one who promised the marketers in February that in March, their outstanding subsidy amounting to N264 billion will be paid,” Mr. Aberare said.

He said that the marketers had claimed that the amount of money being owed them was huge and this had been suffocating their businesses.

The NUPENG General Secretary said that the marketers had also claimed that their cash was trapped such that they could not import the product unless they were paid.

“It is when the money is released that they can import petroleum products; for us as a union, we have little or nothing to address the situation.

“Our tanker drivers are not on strike; they are available to load the trucks but the product is not there for them to carry, so that is the situation,” he added.

Mrs. Okonjo-Iweala had met with members of the Major Oil Marketers Association of Nigeria on February 23, and agreed to remove all bottlenecks in fuel imports.

According to her, this includes the settlement of N100 billion before the end of March to banks, in order to avert fuel supply crisis.

The minister had also met with officials of the Debt Management Office and members of the major oil marketers, to reassure them of the government’s commitment to sustained supply of petroleum products.

The meeting followed the marketers’ claim that the recent devaluation of the naira by the Central Bank of Nigeria (CBN), had imposed extra burden on their capacity to finance further fuel importation.

The continued pressure from the falling crude oil price at the international market since July 2014, led to the devaluation of the naira in November 2014 from N155 to N168 to a dollar.



Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD: Revealed!!! The Only Way Left of Getting an Extra Large Manhood and also Last Up to 38Mins+. Get the Insider Secret Here

All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.

  • musa aliyu

    but they have used to money to bribe people to make them permanent in power?

    • Fairgame

      Your comment is the problem with having people with no WASC certificate running around. Make sure you buy your WAEC form. You need to get an education. Haba.

      • The Nationalst

        Keep quiet, zombie.
        they used the money to bribe CAN and other bodies for support . Now they cannot meet their obligations

      • Ali A-ly

        you are brushing away from the main argument…so I don’t know who needs education between you and him…the point is there is not money to solve the wahala we are in….he made his point…but you just came and insulted him…so who is fooling who here? even if he didn’t put it in proper English with your education you should get the point and go with it or rather correct him instead of insulting…you that is educated you haven’t proved it here

  • Guguru

    The money is being shared by Jonathan for his re-election.

    • Ali A-ly

      I love it when ppl support their claims with facts and proof…nice one

      • Guguru

        Thank you. Facts are wonderful.

  • abc

    hmmm. That is all i can say for now.

  • mr bassey

    Do you need a, RICH, SEXY AND HUMBLE sugar mummy or an older woman in NIGERIA,GHANA and some parts of the world? A life time opportunity is here for you to get connected directly with sugar mummy from DATE ZONE that will take good care of all your needs be it (financial, emotional, ETC), have you tried to contact individuals or groups of individual and all they do is to turn you down? then need not to worry because we are here to put a stop to that. Only if you are willing to let us help you by applying and possessing these qualities stated below.
    >you must be able to satisfy and take care of a woman.
    >no communication Barriers.
    >no distance Barriers.
    >must be able to keep secrets.
    >must be cool headed and understanding.
    If interested contact Mr bassey directly through this mobile numbers:08104178735 NOTE:Remember this is for serious minded people if not serious please ignore nobody knows what a food tastes like until he has tasted it, just try DATE ZONE and see the difference.NO TEXT MESSAGES PLS 08104178735 +2348153462122.

  • Omo Akin

    If Nigerians re-elect Jonathan, they will regret it. When a politician wants a second term, he/she does his best so as to be able to brag on what he accomplished. President Jonathan’s five years is a disaster for Nigeria. The economy, security, employment, infrastructure are in shambles while corruption and impunity have become the norm. Jonathan’s apologists can say the he did not create the problems; that is begging the question because he should not have put himself forward for the job if he knows that he cannot solve the problems.
    What then will happen when Jonathan no longer needs to campaign for votes? You can get a feel of what will happen when you consider those things this administration has postponed because of election: The deadline for the license plate was postponed and the rate on tokunbo cars was shifted. Now Jonathan campaign is alleging that APC sabotaged fuel availability because it was embarrassing that there should be fuel shortage in an election season. The subsidy recipients are all Jonathan’s people. The Nigerian masses will face the worst impunity and unimaginable hardship if Jonathan returns.

  • Most Honestly

    What is happening now is that Nigeria is broke, we are broke and Jonathan has destroyed the very little life remaining in Nigeria and its a shame

  • Yunusa

    Okonjo Iweala has always been intervening. We only need to appeal to importers to stop playing politics.

  • Johnbull Esther

    Okonjo Good day Nigerians This is an information you all want to hear,



    We sell varieties of vehicles, vehicles of

    your taste, very clean and in good working condition.

    Vehicles are ranging from 2000 – 2014 models of all vehicles.

    call 07063150097 for assistance,

    Please don’t pay any money to any dealer online

    before seeing your vehicle only delivery

    fees is allowed please be warned