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Tinubu Tasks VP Shettima with Fixing Nigeria’s Fuel Crisis Amid Price Surge
President Bola Tinubu has tasked Vice President Kashim Shettima with leading a crucial meeting to tackle the ongoing issues in Nigeria’s oil and gas sector, particularly concerning pricing and scarcity.
This directive comes in response to recent challenges faced by the industry, including rising fuel prices and inconsistent availability.
In line with this mandate, Vice President Shettima convened a significant discussion on Thursday at the Presidential Villa.
The meeting brought together key figures, including Heineken Lokpobiri, the Minister of State for Petroleum Resources; Mele Kyari, Group Managing Director of the Nigerian National Petroleum Company Limited (NNPCL); and Ugbogu Ukoha, Executive Director of the Nigerian Mainstream, Downstream, and Petroleum Regulatory Authority.
Lokpobiri addressed reporters, confirming that President Tinubu shares concerns about the current state of the energy sector and is fully aware of the hardships Nigerians are enduring.
He emphasized that the President is calling for prompt and effective actions to stabilize fuel supply and pricing.
The Vice President’s efforts are focused on improving the distribution of petroleum products across the country, aiming to resolve the discrepancies where some regions face shortages while others encounter inflated prices.
Lokpobiri assured that measures are being implemented to enhance fuel availability nationwide, with expectations of improved accessibility by the end of the week.
While acknowledging that regional price variations might persist, Lokpobiri highlighted the government’s commitment to making fuel more accessible, which should ultimately contribute to more stable prices.
He clarified that the federal government does not control fuel prices directly, as the sector operates under market regulations.
The administration remains dedicated to resolving these challenges and ensuring a steady supply chain to meet the needs of all Nigerians shortly.
This initiative follows recent adjustments in fuel pump prices, which surged from N617 to N897 per litre.
President Tinubu is currently attending the FOCAC summit in China, focusing on international engagements as part of his official trip.
Nigerian pastor and overseer of the Citadel Global Community Church, Pastor Tunde Bakare, addresses and reacts to the current happenings of the country regarding the kidnapping and the abductions.
The pastor urges the government on steps they can take to solve and help the people of the country. “The Nigerian government has a clear and urgent duty to protect these Middle Belt communities, who have carried the weight of violence for far too long.”
“Rather than play the ostrich and cover up clear terrorism as mere farmer-herder clashes, the Nigerian state has a responsibility to invade the camps of armed marauders who hide under the cloak of herdsmen of whatever ethnicity, and who invade defenceless communities and gleefully massacre unarmed men, women and children.”
US President Donald Trump criticizes the Nigeria government once again after the increase of insecurity over the past few days. The president stated that the government is failing to protect Christian communities from the attacks going on.
“Nigeria is a disgrace. The whole thing is a disgrace,” Trump said. “They’re killing people by the thousands. It’s a genocide, and I’m really angry about it. And we pay, you know, we give a lot of subsidies to Nigeria. We’re going to end up stopping.”
Former Vice President Atiku Abubakar speaks out against the rising insecurity in the country. He urged the government to take action and claimed that it is not too late to declare a state of emergency.
He reacted after another news of abduction of students was announced on the 21st of November.
“How many more lives must be shattered before decisive action is taken? It is not too late for the government to finally declare a state of emergency on insecurity and confront this menace with the urgency it deserves.”
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