MINISTER of Petroleum Resources, Mrs. Diezani Allison-Madueke, has said that the only solution to the problems in the petroleum industry, especially the scarcity of petroleum products, was the privatisation of refineries in the country.
She assured that the fuel scarcity that had rocked major cities in the country in the last two weeks would come to an end within the next one week.
Her assurances came as the All Progressives Congress, APC, accused the...
Federal Government of acting out a clandestine script to increase fuel prices through the back door, saying the ongoing nationwide fuel scarcity might have been induced to make higher fuel prices a fait accompli for Nigerians.
The Minister spoke, yesterday, when she appeared before the Joint Senate Committee on Petroleum Resources (Upstream, Downstream and Gas) to defend her ministry’s 2014 budget, in company of senior officials of the ministry and heads of agencies under her supervision.
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