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House committee addresses fuel scarcity concerns

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Amid the return of long queues at petrol stations, the House of Representatives Committee on Petroleum Resources, Downstream and Midstream, reassured the public about the availability of petrol stocks and ongoing efforts to address logistical challenges.

Led by Hon Ikenga Imo Ugochinyere and Hon Odianosen Henry OOkojie,respectively, the committees held a press conference to address concerns over the resurgence of fuel queues across the country.

They acknowledged the adverse impact of the temporary fuel scarcity on Nigerians’ lives and businesses but expressed optimism that normalcy would return soon.

Recent investigations revealed the availability of about 1.5 billion litres of petrol, sufficient for 30 days.

However, logistical issues, including difficulties in transportation from vessels to petrol stations, have led to the queues.

The committees engaged stakeholders in the distribution value chain to resolve these challenges.

As a result, reports indicate a gradual disappearance of fuel queues, with products arriving at petrol stations.

They urged Nigerians to avoid panic buying and assured that the government is actively resolving logistical issues.

The committees thanked stakeholders for their efforts and reassured the public that there is no cause for alarm.

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