Minister of Petroleum,Mrs Diezani Alison-Madueke is to face the House of Representatives over the re-emergence of long queues in the country.
Similarly, helmsmen of the Nigeria National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR), and the Petroleum Pricing Regulatory Agency (PPRA) have been directed to explain why Premium Motor Spirit (PMS) (petrol) is scarcity in the country.
But the Management of the NNPC yesterday cautioned against the growing incidence of panic buying and indiscriminate hoarding of petroleum products by some Nigerians in anticipation of the planned removal of subsidy on premium motor spirit (PMS) by the Federal Government.
While condemning the development, the lawmakers have urged the Federal Government to, as a matter of urgency, bring the situation under control.
The resolution of the House followed a motion sponsored by Bashir Babale (PDP, Kano), under matters of urgent public importance, regretted that the scarcity was coming few days to Christmas and New Year’s celebrations.
A statement by the Group General Manager, Group Public Affairs Division of the Corporation, Dr. Levi Ajuonuma, blamed the emerging fuel queues noticeable in the Federal Capital Territory (FCT) and some cities in the country on the unfortunate rush by some marketers and consumers to mop-up enough products in anticipation of the envisaged take-off of the deregulation, which they believe will commence with Tuesday’s budget presentation by Mr President.
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