Connect with us

    Hi, what are you looking for?

    News

    Fuel Scarcity Will Ease Off Next Week, Kyari Assures Nigerians

    Mele-Kyari-NNPC

    Mele Kyari, Group Chief Executive Officer, Nigerian National Petroleum Corporation Limited, has assured Nigerians that the lingering fuel scarcity will ease off next week.

    Kyari said this in a video clip shown on Channels Television on Tuesday evening.

    He however said he could not assure that the queues at the fuel stations would disappear, but added that there would be significant improvement in the next one week

    He said, “Now within the next one week, I’m not saying that you’re going to have zero queues within the next one week, no, because a number of things are out of our control, and of course the market forces will determine some of these issues.

    “But I believe that we’re going to see substantial and relative ease compared to today in the next one week.

    The PUNCH reports that the fuel scarcity coupled with the scarcity of both the new and old naira notes have brought untold hardship on citizens, crippling economic activities across the country.

    Consequently, protests have broken out in various states and cities across the federation, with citizens lamenting the twin scarcity and its impact of their businesses and everyday lives.

    Recall that the President, Major General Muhammadu Buhari (retd.), had also asked Nigerians last week Friday to give him seven days from then to resolve the naira crisis, with two days left to the completion of the seven days requested for by the President.

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    News

    Momentum is gathering ahead of the 15th West Africa Convergence Conference (WACC) 2026 and the 50 Most Influential Figures in Nigeria’s Digital Economy recognition ceremony, scheduled to...

    News

    Federal Government has approved a $75 million investment in Flutterwave’s proposed $250 million initial public offering (IPO), marking the fintech giant’s debut listing on...

    News

    Nigerian Communications Commission (NCC) has stepped up efforts to safeguard Nigeria’s telecommunications infrastructure, as its leadership engaged the Nigeria Police Force in high-level discussions...

    News

    Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have signed a Memorandum of Understanding (MoU) that both organisations said would safeguard...