• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Tuesday, July 15, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Nigeria working to restore normalcy in petrol supply – Sylva

Petrol

The Matters Press by The Matters Press
February 4, 2023
Reading Time: 3 mins read
0
Nigeria’s revenue dips by 60%

The Federal Government says it is focused on ensuring that the Premium Motor Spirit (PMS) scarcity and queues are normalised.

RELATED POSTS

17-member committee for burial of Buhari

Lagos falls flat to APC

Nigeria celebrates Soyinka at 91

Chief Timipre Sylva, Minister of State, Petroleum Resources, made this known on Friday while speaking with newsmen shortly after inspecting some filling stations in the Federal Capital Territory (FCT), including Conoil and TotalEnergies filling stations in Central Area.

“Mr President directed that we must ensure that the fuel supply situation is normalised quickly. And that is why I have to ensure that we sort out this problem.

“A lot of things have been done. All hands have been on deck, the NNPC Limited, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and stakeholders in the supply chain have come together to ensure that the problem is resolved.

“This is not the time for us to apportion blames as the most important thing is that the problem has been resolved and you can see now the queues are no longer there, at least in the FCT we are going around to ensure they have disappeared,” he said.

On marketers who are selling above approved price, especially in other states, he said it was a regulatory issue and within the purview of the NMDPRA to sanction those marketers.

Sylva added that the authority would tackle the issue.

Speaking on the conflicting ex-depot price, he described it as commercial details under the purview of the NNPC Ltd., saying he would ensure that all those conflicting problems were resolved.

President Muhammadu Buhari recently approved constitution of a 14-man Steering Committee on Petroleum Products Supply and Distribution management to find lasting solution to the disruptions in distribution of petroleum products.

The minister said the committee, which was also part of the solution mechanism, would be inaugurated next week to ensure that the situation normalise totally.

“If you look at the fuel situation in Nigeria, it has a lot of ramifications. The importation of the petroleum product is a problem because a lot of people cannot access the foreign exchange.

“The fuel situation also has nothing to do with politics. Anything, including natural disasters like flood can trigger the fuel distribution hindrance because they are natural factors we are not in control of.

“A lot of the problems that caused fuel scarcity and queues are not within our control there are also all kinds of people who are ready to take advantage of situations and caused problems by seeking for opportunity to make money, hoard and smuggle the product.

“These require intervention of the security agencies and the recent engagement with them definitely helped,” he said.

He expressed sadness about the situation which had subjected Nigerians to pain and frustration, adding the President, was also pained that the citizens were passing through the hardship.

In the bid to further ensure energy sufficiency, Sylva said the refineries across the country were being rehabilitated and mordula refineries were being enabled while the government was doing everything to ensure scarcity did not reoccur again.

“We had to take 20 per cent stake in Dangote Refinery, these are all efforts by the government to ensure the problem is solved permanently,” he said.

Mr Francis Sule, Manager, Conoil Filling Station, confirmed that the queues had reduced.

Sule added that one of the problem the station encountered was associated with Point of Sale (PoS) machine transactions.

Majority of the motorists also confirmed to NAN that the queues had reduced and appealed to the government to sustain the effort and measures put in place.

NNPC Limited had also engaged with the oil marketers and security agencies to find ways of addressing the lingering fuel crisis in the country.

Tags: Petrol
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Buhari attends inauguration of Barrow of Gambia
Entertainment/sports

17-member committee for burial of Buhari

July 14, 2025
Lagos falls flat to APC
Economy/Technology

Lagos falls flat to APC

July 13, 2025
African intellectuals release letter to world, caution continent on selfness
Economy/Technology

Nigeria celebrates Soyinka at 91

July 13, 2025
China introduces new visa
Economy/Technology

Nigeria maintains issuance of 5-year visa to Americans

July 13, 2025
ADC, AN ASSEMBLAGE OF STRANGE BED FELLOWS, TIRED POLITICIANS– GROUP
Energy

ADC, AN ASSEMBLAGE OF STRANGE BED FELLOWS, TIRED POLITICIANS– GROUP

July 10, 2025
Babangida Aliyu’s Exit from ADC, a testament to Coalition’s deceitful recruitment- Group
Economy/Technology

Babangida Aliyu’s Exit from ADC, a testament to Coalition’s deceitful recruitment- Group

July 10, 2025
Next Post
Vulnerable Nigerian farmers to get $1m grant

Buhari inaugurates agriculture machinery development institute

Use your facility beyond annual trade fair – El-Rufa’i advises KADCCIMA

Use your facility beyond annual trade fair – El-Rufa’i advises KADCCIMA

Recommended Stories

UNIDO pledges to support Nigeria accelerate industrialisation process

Nigeria receives copy of UNIDO’s cooperative agreement

September 27, 2023
Customs generates N493.75bn in TinCan Island

Customs seizes 156 trailer loads of rice, 656,414 litres of fuel

January 6, 2023
Contractor vows to surmount challenges on AKK gas project

FG investigates distribution of substandard inputs to wheat farmers

December 11, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • 17-member committee for burial of Buhari
  • Lagos falls flat to APC
  • Nigeria celebrates Soyinka at 91

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us