The federal government will not allow misguided elements to bring untold hardship upon the citizenry, an official said.
President
The steering committee will be chaired by the President, with the Minister of State for
To ensure sanity in the supply and distribution across the value chain,
He also directed the agency to ensure that
He noted that the interests of the ordinary Nigerian are protected from price exploitation on other deregulated products, such as diesel,
"The federal government will not allow misguided elements to bring untold hardship upon the citizenry and attempt to discredit the government's efforts in consolidating the gains made thus far in the oil and gas sector of the economy,"
Other terms of reference are to ensure national strategic stock management, visibility on the
The committee members include the Minister of Finance, the permanent secretary of the
Others include the comptroller-general of the Nigerian Customs Service (NCS), the chairman,
Others are the Chief Executive of
Meanwhile, the technical advisor (Midstream) to the Minister of State for
Scarcity
In recent months, especially since the government announced plans to remove fuel subsidies, Nigerians have had a hard time getting petroleum products at filling stations.
The scarcity has persisted despite the government's repeated claims it had enough petroleum products in stock. In many parts of the country, operators of filling stations sold at prices higher than the government's pump price.
Last Thursday, reports claimed that the government quietly approved N185 as the new petrol pump price per litre. The government, however, denied the claim.
Last week,
"There is no reason for President
But despite the government's position, PREMIUM TIMES' found that Nigerians have continued to suffer scarcity of petroleum products across the country.
A PREMIUM TIMES report Tuesday detailed how Nigerians have continued to lament the hardship caused by the scarcity of petroleum products across the country as businesses and households that depend on generators for power supply groan in darkness.
Copyright Premium Times. Distributed by AllAfrica Global Media (allAfrica.com)., source