PETROL DIVERTED TO CHAD, CAMEROON, OTHERS – KACHIKWU

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Despite the deluge of petrol pumped into Lagos, the biting scarcity remains – no thanks to unscrupulous dealers who truck supplies out of the country. Minister of State (Petroleum) Dr. Ibe Kachikwu told a town hall meeting in Lagos that 30 per cent of the fuel supplied is diverted to neighbouring countries. Listening were Nigerians from all walks of life and some ministers. Kachikwu said: “I have had countless sleepless nights. I work round the clock to solve this problem because whatever touches you touches me. Over 30 per cent of fuel is diverted to Chad and Cameroon. But I continue to oversupply and you see some people making money out of the agony of Nigerians.”

Apologising for the lingering fuel crisis, the minister said: “What we met on the ground when we came was complete lack of transparency but we have worked to put everything in order. The loss of N300 billion by the Nigerian National Petroleum Corporation (NNPC) has been reduced to N3billion, subsidy payment has been reduced to near zero. We are focusing on business, not bleeding the government.” The minister explained that the NNPC loads 1,400 tankers for Lagos alone.

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