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.

(NAN)


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  • 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.

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  • 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.

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