Ibe Kachikwu, minister of state for petroleum resources, says the Nigerian National Petroleum Corporation (NNPC) should “do whatever it takes” to end petrol queues in Abuja before Sunday.
Speaking at a press conference on Thursday to announce the upcoming Nigeria International Petroleum Summit (NIPS) in Abuja, Kachikwu said it would be “embarrassing” for delegates of the event to witness the long fuel queues in the city.
Kachikwu said that the crisis resulted from both “policy and logistics” challenges and will be addressed accordingly.
“I can tell you behind the scenes, a lot of meetings are taking place because the fuel queue issue is both logistics and policy issues,” he said.
“We will need to address fundamental policy issues to enable it go away especially in the area where the pricing is showing differentials between the landing price and sales price.
“I will hate for my colleagues to come and see the fuel queues so my directive to NNPC would be to get these queues out of Abuja.
“I haven’t gone round today but when I went round yesterday there was a huge improvement and I will be instructing the NNPC to do whatever it takes to ensure there are no queues next week.
“Quite frankly, they will have to do whatever it takes to get this eliminated in Abuja.
“That is the directive I will be sending to the NNPC and let them work night and day to put a lot more efforts in trying to do this.”
Speaking on the maiden edition of the petroleum summit, Kachikwu said it would kick off on February 18 and close on February 23.
He said the NIPS event is geared towards building capacities, fostering competitiveness and opening up investment opportunities in Nigeria’s oil and gas industry.