L
LequteMan
Guest
Nigeria's Minister of State for Petroleum Resources, Emmanuel Ibe Kachikwu, on Saturday stated that he is in talks with the Central Bank of Nigeria, CBN, to help major oil marketers in Nigeria access foreign exchange to import petrol.
According to him, the move would help ease the burden of access to forex which reportedly hampers the ability of marketers to bring petrol into the country.
“We are working very collaboratively with the Central Bank now to try and look at long term solutions to the majors so that they themselves can begin to go back and bring in their own products, and so apologies again to Nigerians, nobody wants to see this.”
He added that the current fuel scarcity situation in the country will disappear within a day or two.
He spoke during a monitoring tour of petrol stations within Abuja metropolis.
According to him, the move would help ease the burden of access to forex which reportedly hampers the ability of marketers to bring petrol into the country.
“We are working very collaboratively with the Central Bank now to try and look at long term solutions to the majors so that they themselves can begin to go back and bring in their own products, and so apologies again to Nigerians, nobody wants to see this.”
He added that the current fuel scarcity situation in the country will disappear within a day or two.
He spoke during a monitoring tour of petrol stations within Abuja metropolis.
