FG Reveals Cause Of Fuel Scarcity, Moves To End Shortages____Kindly Follow us on twitter @tunmishesblog

Minister of Petroleum Resources, Mrs Diezani Alison-Madueke yesterday said her ministry has begun a probe of the current fuel scarcity across the country,vowing to deal with forces behind the scarcity.
She blamed the scarcity on hoarding and diversion of the products by some dealers, a development she said was born out of selfishness .
Addressing newsmen after a closed- door meeting with the House of Representatives joint committees on petroleum Upstream, Downstream and Gas , the minister assured that the situation was now under control . She stated that her ministry was set to flood the country with the product.
She said "It was quite obvious that it could be caused by a number of things that we are looking into. There is some supply hitch which we are looking into, there is also diversion which was quite clear. There was an element of hoarding as well. And while we are trying to get to the bottom of who diverted what at the same time in terms of supply, we are trying to ensure that over the next week we flood the country with petroleum products.
On whether the scarcity was caused by a planned increase of the pump price of petrol , Allison Madueke dismissed the claim saying there was no such plan.
She said : "There was also some strange rumor that the ministry of petroleum resources was going to announce an increase in the pump price of petrol which also helped to instigate some of the hoarding and some of the diversion. And I have said categorically over that we have no plans to increase the pump price of petrol anytime in the near future.
"The issues of supplies, more and more PMS is being brought in and over the next week or two we would flood the country with the product. And in terms of the diversions we would try and ensure that whichever stations we find to have actually diverted or hoarded the produce, we will take them up and implement punitive measures no matter which stations they are, whether they are NNPC stations or any other stations, independent or otherwise we will take them up to face the full extent of the law."
Meanwhile, the minister yesterday told the Senate Joint Committee on Petroleum Resources and Gas that the Federal Government will still privatise the four refineries.