Exchange rate, flood, others affecting fuel supply-Biodun Sowunmi

 

Long queues of vehicles and jerrycans have returned to many filling stations across many states in the country.

Premised on the above, many commuters were stranded at various bus stations throughout Lagos State on Tuesday as lines re-appeared in a number of locations of Nigeria’s commercial center.

The queues appear to have gotten worse in various parts of Lagos, spreading from Lekki, Lagos Island to mainland Lagos, including the commercial capital of Ikeja.

The situation is no different in Abuja. Residents have had trouble getting to work for the past three weeks, paying double what they once did.

Motorists say, most of the filling stations lock up their gates and refuse to sell.

Nigerians have called on the government to find a lasting solution as they can’t stand the stress and burden the scarcity is bringing on them.

Speaking on resurgence of long queues on TVC Breakfast on Thursday, policy analyst, Biodun Sowunmi said supplying fuel products to filling stations has never been a problem.

“Since when we started having problems with turn around maintenance of these refineries, we’ve not been able to do them efficiently. We found ourselves in a situation where we have to rely on importation of petroleum products.

According to Mr. Sowunmi, one of the main issues with the importation of petroleum products into Nigeria, is that it also depends on the naira to dollar exchange rate.

“If the naira depreciates, we are bound to have a situation where the gap between the supply and the retailing rate, the supply price and the retailing rate will widen. This is exactly what is causing some of the problems we are seeing.

“The other part of the problem is the issue of flood. We’ve had unusually high volume of water in the country currently. It’s not only affecting Lagos but also some other parts of the country.

The Policy Analyst said the Nigerian National Petroleum Corporation (NNPC) has claimed that it has enough product in its depot, but no one is sure if this is the case. What is known is that NNPC filling stations are short of fuel, hence there is a problem with the supply chain.

The policy analyst added that there is need to reorganise the NNPC as this problem needs to be fixed once and for all.

“There is speculation or projection that when the Dangote refinery comes on stream, we are likely going to have better results than what we have currently.

“Dangote’s entry into the market is important, but so is the country’s distribution system. We have to get that correctly.

“Finding someone who can fix the system and then ensure that fuel can be distributed throughout the nation at the proper price requires a lot of work because you can have fuel in the depot but not be able to get it to the gas stations.

“It’s not about subsidy. If you remove subsidy and you still can’t get supply to the filling stations, what is going on now would happen.

“There is fuel. The private depot are confirming that they have fuel, but they’re taking advantage of the situation with the NNPC.

Mr Somunmi stated that flood is also a major cause to why there is fuel scarcity because the petrol tanks carrying the petrol to discharge, particularly outside of Lagos, are held up around Lokoja because of the volume of water.

On reorganising the NNPC to address issues of recurring fuel scarcity in the country, the policy analyst said it is rather late for any reorganisation to be done as elections are fast approaching.

“We need to wait until after elections when the new regime is there. We need people, talent owners, people who can find the appropriate people to deal with the situation in relation to fuel distribution within our country.

“It is quite clear that Dangote is coming but refining the products alone is not a problem. We have problem with distribution and that has something to do with the NNPC currently.

“We can only hope that once we’ve elected the new leaders, we can now look at how to resolve some of these problems. I think it’s a challenge for the new leadership. I don’t think the Buhari’s administration still has time to fix it because new things are cropping up which hitherto were not there.

 

Long queues of vehicles and jerrycans have returned to many filling stations across many states in the country.

Premised on the above, many commuters were stranded at various bus stations throughout Lagos State on Tuesday as lines re-appeared in a number of locations of Nigeria’s commercial center.

The queues appear to have gotten worse in various parts of Lagos, spreading from Lekki, Lagos Island to mainland Lagos, including the commercial capital of Ikeja.

The situation is no different in Abuja. Residents have had trouble getting to work for the past three weeks, paying double what they once did.

Motorists say, most of the filling stations lock up their gates and refuse to sell.

Nigerians have called on the government to find a lasting solution as they can’t stand the stress and burden the scarcity is bringing on them.

Speaking on resurgence of long queues on TVC Breakfast on Thursday, policy analyst, Biodun Sowunmi said supplying fuel products to filling stations has never been a problem.

“Since when we started having problems with turn around maintenance of these refineries, we’ve not been able to do them efficiently. We found ourselves in a situation where we have to rely on importation of petroleum products.

According to Mr. Sowunmi, one of the main issues with the importation of petroleum products into Nigeria, is that it also depends on the naira to dollar exchange rate.

“If the naira depreciates, we are bound to have a situation where the gap between the supply and the retailing rate, the supply price and the retailing rate will widen. This is exactly what is causing some of the problems we are seeing.

“The other part of the problem is the issue of flood. We’ve had unusually high volume of water in the country currently. It’s not only affecting Lagos but also some other parts of the country.

The Policy Analyst said the Nigerian National Petroleum Corporation (NNPC) has claimed that it has enough product in its depot, but no one is sure if this is the case. What is known is that NNPC filling stations are short of fuel, hence there is a problem with the supply chain.

The policy analyst added that there is need to reorganise the NNPC as this problem needs to be fixed once and for all.

“There is speculation or projection that when the Dangote refinery comes on stream, we are likely going to have better results than what we have currently.

“Dangote’s entry into the market is important, but so is the country’s distribution system. We have to get that correctly.

“Finding someone who can fix the system and then ensure that fuel can be distributed throughout the nation at the proper price requires a lot of work because you can have fuel in the depot but not be able to get it to the gas stations.

“It’s not about subsidy. If you remove subsidy and you still can’t get supply to the filling stations, what is going on now would happen.

“There is fuel. The private depot are confirming that they have fuel, but they’re taking advantage of the situation with the NNPC.

Mr Somunmi stated that flood is also a major cause to why there is fuel scarcity because the petrol tanks carrying the petrol to discharge, particularly outside of Lagos, are held up around Lokoja because of the volume of water.

On reorganising the NNPC to address issues of recurring fuel scarcity in the country, the policy analyst said it is rather late for any reorganisation to be done as elections are fast approaching.

“We need to wait until after elections when the new regime is there. We need people, talent owners, people who can find the appropriate people to deal with the situation in relation to fuel distribution within our country.

“It is quite clear that Dangote is coming but refining the products alone is not a problem. We have problem with distribution and that has something to do with the NNPC currently.

“We can only hope that once we’ve elected the new leaders, we can now look at how to resolve some of these problems. I think it’s a challenge for the new leadership. I don’t think the Buhari’s administration still has time to fix it because new things are cropping up which hitherto were not there.

 

Long queues of vehicles and jerrycans have returned to many filling stations across many states in the country.

Premised on the above, many commuters were stranded at various bus stations throughout Lagos State on Tuesday as lines re-appeared in a number of locations of Nigeria’s commercial center.

The queues appear to have gotten worse in various parts of Lagos, spreading from Lekki, Lagos Island to mainland Lagos, including the commercial capital of Ikeja.

The situation is no different in Abuja. Residents have had trouble getting to work for the past three weeks, paying double what they once did.

Motorists say, most of the filling stations lock up their gates and refuse to sell.

Nigerians have called on the government to find a lasting solution as they can’t stand the stress and burden the scarcity is bringing on them.

Speaking on resurgence of long queues on TVC Breakfast on Thursday, policy analyst, Biodun Sowunmi said supplying fuel products to filling stations has never been a problem.

“Since when we started having problems with turn around maintenance of these refineries, we’ve not been able to do them efficiently. We found ourselves in a situation where we have to rely on importation of petroleum products.

According to Mr. Sowunmi, one of the main issues with the importation of petroleum products into Nigeria, is that it also depends on the naira to dollar exchange rate.

“If the naira depreciates, we are bound to have a situation where the gap between the supply and the retailing rate, the supply price and the retailing rate will widen. This is exactly what is causing some of the problems we are seeing.

“The other part of the problem is the issue of flood. We’ve had unusually high volume of water in the country currently. It’s not only affecting Lagos but also some other parts of the country.

The Policy Analyst said the Nigerian National Petroleum Corporation (NNPC) has claimed that it has enough product in its depot, but no one is sure if this is the case. What is known is that NNPC filling stations are short of fuel, hence there is a problem with the supply chain.

The policy analyst added that there is need to reorganise the NNPC as this problem needs to be fixed once and for all.

“There is speculation or projection that when the Dangote refinery comes on stream, we are likely going to have better results than what we have currently.

“Dangote’s entry into the market is important, but so is the country’s distribution system. We have to get that correctly.

“Finding someone who can fix the system and then ensure that fuel can be distributed throughout the nation at the proper price requires a lot of work because you can have fuel in the depot but not be able to get it to the gas stations.

“It’s not about subsidy. If you remove subsidy and you still can’t get supply to the filling stations, what is going on now would happen.

“There is fuel. The private depot are confirming that they have fuel, but they’re taking advantage of the situation with the NNPC.

Mr Somunmi stated that flood is also a major cause to why there is fuel scarcity because the petrol tanks carrying the petrol to discharge, particularly outside of Lagos, are held up around Lokoja because of the volume of water.

On reorganising the NNPC to address issues of recurring fuel scarcity in the country, the policy analyst said it is rather late for any reorganisation to be done as elections are fast approaching.

“We need to wait until after elections when the new regime is there. We need people, talent owners, people who can find the appropriate people to deal with the situation in relation to fuel distribution within our country.

“It is quite clear that Dangote is coming but refining the products alone is not a problem. We have problem with distribution and that has something to do with the NNPC currently.

“We can only hope that once we’ve elected the new leaders, we can now look at how to resolve some of these problems. I think it’s a challenge for the new leadership. I don’t think the Buhari’s administration still has time to fix it because new things are cropping up which hitherto were not there.

 

Long queues of vehicles and jerrycans have returned to many filling stations across many states in the country.

Premised on the above, many commuters were stranded at various bus stations throughout Lagos State on Tuesday as lines re-appeared in a number of locations of Nigeria’s commercial center.

The queues appear to have gotten worse in various parts of Lagos, spreading from Lekki, Lagos Island to mainland Lagos, including the commercial capital of Ikeja.

The situation is no different in Abuja. Residents have had trouble getting to work for the past three weeks, paying double what they once did.

Motorists say, most of the filling stations lock up their gates and refuse to sell.

Nigerians have called on the government to find a lasting solution as they can’t stand the stress and burden the scarcity is bringing on them.

Speaking on resurgence of long queues on TVC Breakfast on Thursday, policy analyst, Biodun Sowunmi said supplying fuel products to filling stations has never been a problem.

“Since when we started having problems with turn around maintenance of these refineries, we’ve not been able to do them efficiently. We found ourselves in a situation where we have to rely on importation of petroleum products.

According to Mr. Sowunmi, one of the main issues with the importation of petroleum products into Nigeria, is that it also depends on the naira to dollar exchange rate.

“If the naira depreciates, we are bound to have a situation where the gap between the supply and the retailing rate, the supply price and the retailing rate will widen. This is exactly what is causing some of the problems we are seeing.

“The other part of the problem is the issue of flood. We’ve had unusually high volume of water in the country currently. It’s not only affecting Lagos but also some other parts of the country.

The Policy Analyst said the Nigerian National Petroleum Corporation (NNPC) has claimed that it has enough product in its depot, but no one is sure if this is the case. What is known is that NNPC filling stations are short of fuel, hence there is a problem with the supply chain.

The policy analyst added that there is need to reorganise the NNPC as this problem needs to be fixed once and for all.

“There is speculation or projection that when the Dangote refinery comes on stream, we are likely going to have better results than what we have currently.

“Dangote’s entry into the market is important, but so is the country’s distribution system. We have to get that correctly.

“Finding someone who can fix the system and then ensure that fuel can be distributed throughout the nation at the proper price requires a lot of work because you can have fuel in the depot but not be able to get it to the gas stations.

“It’s not about subsidy. If you remove subsidy and you still can’t get supply to the filling stations, what is going on now would happen.

“There is fuel. The private depot are confirming that they have fuel, but they’re taking advantage of the situation with the NNPC.

Mr Somunmi stated that flood is also a major cause to why there is fuel scarcity because the petrol tanks carrying the petrol to discharge, particularly outside of Lagos, are held up around Lokoja because of the volume of water.

On reorganising the NNPC to address issues of recurring fuel scarcity in the country, the policy analyst said it is rather late for any reorganisation to be done as elections are fast approaching.

“We need to wait until after elections when the new regime is there. We need people, talent owners, people who can find the appropriate people to deal with the situation in relation to fuel distribution within our country.

“It is quite clear that Dangote is coming but refining the products alone is not a problem. We have problem with distribution and that has something to do with the NNPC currently.

“We can only hope that once we’ve elected the new leaders, we can now look at how to resolve some of these problems. I think it’s a challenge for the new leadership. I don’t think the Buhari’s administration still has time to fix it because new things are cropping up which hitherto were not there.

 

Long queues of vehicles and jerrycans have returned to many filling stations across many states in the country.

Premised on the above, many commuters were stranded at various bus stations throughout Lagos State on Tuesday as lines re-appeared in a number of locations of Nigeria’s commercial center.

The queues appear to have gotten worse in various parts of Lagos, spreading from Lekki, Lagos Island to mainland Lagos, including the commercial capital of Ikeja.

The situation is no different in Abuja. Residents have had trouble getting to work for the past three weeks, paying double what they once did.

Motorists say, most of the filling stations lock up their gates and refuse to sell.

Nigerians have called on the government to find a lasting solution as they can’t stand the stress and burden the scarcity is bringing on them.

Speaking on resurgence of long queues on TVC Breakfast on Thursday, policy analyst, Biodun Sowunmi said supplying fuel products to filling stations has never been a problem.

“Since when we started having problems with turn around maintenance of these refineries, we’ve not been able to do them efficiently. We found ourselves in a situation where we have to rely on importation of petroleum products.

According to Mr. Sowunmi, one of the main issues with the importation of petroleum products into Nigeria, is that it also depends on the naira to dollar exchange rate.

“If the naira depreciates, we are bound to have a situation where the gap between the supply and the retailing rate, the supply price and the retailing rate will widen. This is exactly what is causing some of the problems we are seeing.

“The other part of the problem is the issue of flood. We’ve had unusually high volume of water in the country currently. It’s not only affecting Lagos but also some other parts of the country.

The Policy Analyst said the Nigerian National Petroleum Corporation (NNPC) has claimed that it has enough product in its depot, but no one is sure if this is the case. What is known is that NNPC filling stations are short of fuel, hence there is a problem with the supply chain.

The policy analyst added that there is need to reorganise the NNPC as this problem needs to be fixed once and for all.

“There is speculation or projection that when the Dangote refinery comes on stream, we are likely going to have better results than what we have currently.

“Dangote’s entry into the market is important, but so is the country’s distribution system. We have to get that correctly.

“Finding someone who can fix the system and then ensure that fuel can be distributed throughout the nation at the proper price requires a lot of work because you can have fuel in the depot but not be able to get it to the gas stations.

“It’s not about subsidy. If you remove subsidy and you still can’t get supply to the filling stations, what is going on now would happen.

“There is fuel. The private depot are confirming that they have fuel, but they’re taking advantage of the situation with the NNPC.

Mr Somunmi stated that flood is also a major cause to why there is fuel scarcity because the petrol tanks carrying the petrol to discharge, particularly outside of Lagos, are held up around Lokoja because of the volume of water.

On reorganising the NNPC to address issues of recurring fuel scarcity in the country, the policy analyst said it is rather late for any reorganisation to be done as elections are fast approaching.

“We need to wait until after elections when the new regime is there. We need people, talent owners, people who can find the appropriate people to deal with the situation in relation to fuel distribution within our country.

“It is quite clear that Dangote is coming but refining the products alone is not a problem. We have problem with distribution and that has something to do with the NNPC currently.

“We can only hope that once we’ve elected the new leaders, we can now look at how to resolve some of these problems. I think it’s a challenge for the new leadership. I don’t think the Buhari’s administration still has time to fix it because new things are cropping up which hitherto were not there.

 

Long queues of vehicles and jerrycans have returned to many filling stations across many states in the country.

Premised on the above, many commuters were stranded at various bus stations throughout Lagos State on Tuesday as lines re-appeared in a number of locations of Nigeria’s commercial center.

The queues appear to have gotten worse in various parts of Lagos, spreading from Lekki, Lagos Island to mainland Lagos, including the commercial capital of Ikeja.

The situation is no different in Abuja. Residents have had trouble getting to work for the past three weeks, paying double what they once did.

Motorists say, most of the filling stations lock up their gates and refuse to sell.

Nigerians have called on the government to find a lasting solution as they can’t stand the stress and burden the scarcity is bringing on them.

Speaking on resurgence of long queues on TVC Breakfast on Thursday, policy analyst, Biodun Sowunmi said supplying fuel products to filling stations has never been a problem.

“Since when we started having problems with turn around maintenance of these refineries, we’ve not been able to do them efficiently. We found ourselves in a situation where we have to rely on importation of petroleum products.

According to Mr. Sowunmi, one of the main issues with the importation of petroleum products into Nigeria, is that it also depends on the naira to dollar exchange rate.

“If the naira depreciates, we are bound to have a situation where the gap between the supply and the retailing rate, the supply price and the retailing rate will widen. This is exactly what is causing some of the problems we are seeing.

“The other part of the problem is the issue of flood. We’ve had unusually high volume of water in the country currently. It’s not only affecting Lagos but also some other parts of the country.

The Policy Analyst said the Nigerian National Petroleum Corporation (NNPC) has claimed that it has enough product in its depot, but no one is sure if this is the case. What is known is that NNPC filling stations are short of fuel, hence there is a problem with the supply chain.

The policy analyst added that there is need to reorganise the NNPC as this problem needs to be fixed once and for all.

“There is speculation or projection that when the Dangote refinery comes on stream, we are likely going to have better results than what we have currently.

“Dangote’s entry into the market is important, but so is the country’s distribution system. We have to get that correctly.

“Finding someone who can fix the system and then ensure that fuel can be distributed throughout the nation at the proper price requires a lot of work because you can have fuel in the depot but not be able to get it to the gas stations.

“It’s not about subsidy. If you remove subsidy and you still can’t get supply to the filling stations, what is going on now would happen.

“There is fuel. The private depot are confirming that they have fuel, but they’re taking advantage of the situation with the NNPC.

Mr Somunmi stated that flood is also a major cause to why there is fuel scarcity because the petrol tanks carrying the petrol to discharge, particularly outside of Lagos, are held up around Lokoja because of the volume of water.

On reorganising the NNPC to address issues of recurring fuel scarcity in the country, the policy analyst said it is rather late for any reorganisation to be done as elections are fast approaching.

“We need to wait until after elections when the new regime is there. We need people, talent owners, people who can find the appropriate people to deal with the situation in relation to fuel distribution within our country.

“It is quite clear that Dangote is coming but refining the products alone is not a problem. We have problem with distribution and that has something to do with the NNPC currently.

“We can only hope that once we’ve elected the new leaders, we can now look at how to resolve some of these problems. I think it’s a challenge for the new leadership. I don’t think the Buhari’s administration still has time to fix it because new things are cropping up which hitherto were not there.

 

Long queues of vehicles and jerrycans have returned to many filling stations across many states in the country.

Premised on the above, many commuters were stranded at various bus stations throughout Lagos State on Tuesday as lines re-appeared in a number of locations of Nigeria’s commercial center.

The queues appear to have gotten worse in various parts of Lagos, spreading from Lekki, Lagos Island to mainland Lagos, including the commercial capital of Ikeja.

The situation is no different in Abuja. Residents have had trouble getting to work for the past three weeks, paying double what they once did.

Motorists say, most of the filling stations lock up their gates and refuse to sell.

Nigerians have called on the government to find a lasting solution as they can’t stand the stress and burden the scarcity is bringing on them.

Speaking on resurgence of long queues on TVC Breakfast on Thursday, policy analyst, Biodun Sowunmi said supplying fuel products to filling stations has never been a problem.

“Since when we started having problems with turn around maintenance of these refineries, we’ve not been able to do them efficiently. We found ourselves in a situation where we have to rely on importation of petroleum products.

According to Mr. Sowunmi, one of the main issues with the importation of petroleum products into Nigeria, is that it also depends on the naira to dollar exchange rate.

“If the naira depreciates, we are bound to have a situation where the gap between the supply and the retailing rate, the supply price and the retailing rate will widen. This is exactly what is causing some of the problems we are seeing.

“The other part of the problem is the issue of flood. We’ve had unusually high volume of water in the country currently. It’s not only affecting Lagos but also some other parts of the country.

The Policy Analyst said the Nigerian National Petroleum Corporation (NNPC) has claimed that it has enough product in its depot, but no one is sure if this is the case. What is known is that NNPC filling stations are short of fuel, hence there is a problem with the supply chain.

The policy analyst added that there is need to reorganise the NNPC as this problem needs to be fixed once and for all.

“There is speculation or projection that when the Dangote refinery comes on stream, we are likely going to have better results than what we have currently.

“Dangote’s entry into the market is important, but so is the country’s distribution system. We have to get that correctly.

“Finding someone who can fix the system and then ensure that fuel can be distributed throughout the nation at the proper price requires a lot of work because you can have fuel in the depot but not be able to get it to the gas stations.

“It’s not about subsidy. If you remove subsidy and you still can’t get supply to the filling stations, what is going on now would happen.

“There is fuel. The private depot are confirming that they have fuel, but they’re taking advantage of the situation with the NNPC.

Mr Somunmi stated that flood is also a major cause to why there is fuel scarcity because the petrol tanks carrying the petrol to discharge, particularly outside of Lagos, are held up around Lokoja because of the volume of water.

On reorganising the NNPC to address issues of recurring fuel scarcity in the country, the policy analyst said it is rather late for any reorganisation to be done as elections are fast approaching.

“We need to wait until after elections when the new regime is there. We need people, talent owners, people who can find the appropriate people to deal with the situation in relation to fuel distribution within our country.

“It is quite clear that Dangote is coming but refining the products alone is not a problem. We have problem with distribution and that has something to do with the NNPC currently.

“We can only hope that once we’ve elected the new leaders, we can now look at how to resolve some of these problems. I think it’s a challenge for the new leadership. I don’t think the Buhari’s administration still has time to fix it because new things are cropping up which hitherto were not there.

 

Long queues of vehicles and jerrycans have returned to many filling stations across many states in the country.

Premised on the above, many commuters were stranded at various bus stations throughout Lagos State on Tuesday as lines re-appeared in a number of locations of Nigeria’s commercial center.

The queues appear to have gotten worse in various parts of Lagos, spreading from Lekki, Lagos Island to mainland Lagos, including the commercial capital of Ikeja.

The situation is no different in Abuja. Residents have had trouble getting to work for the past three weeks, paying double what they once did.

Motorists say, most of the filling stations lock up their gates and refuse to sell.

Nigerians have called on the government to find a lasting solution as they can’t stand the stress and burden the scarcity is bringing on them.

Speaking on resurgence of long queues on TVC Breakfast on Thursday, policy analyst, Biodun Sowunmi said supplying fuel products to filling stations has never been a problem.

“Since when we started having problems with turn around maintenance of these refineries, we’ve not been able to do them efficiently. We found ourselves in a situation where we have to rely on importation of petroleum products.

According to Mr. Sowunmi, one of the main issues with the importation of petroleum products into Nigeria, is that it also depends on the naira to dollar exchange rate.

“If the naira depreciates, we are bound to have a situation where the gap between the supply and the retailing rate, the supply price and the retailing rate will widen. This is exactly what is causing some of the problems we are seeing.

“The other part of the problem is the issue of flood. We’ve had unusually high volume of water in the country currently. It’s not only affecting Lagos but also some other parts of the country.

The Policy Analyst said the Nigerian National Petroleum Corporation (NNPC) has claimed that it has enough product in its depot, but no one is sure if this is the case. What is known is that NNPC filling stations are short of fuel, hence there is a problem with the supply chain.

The policy analyst added that there is need to reorganise the NNPC as this problem needs to be fixed once and for all.

“There is speculation or projection that when the Dangote refinery comes on stream, we are likely going to have better results than what we have currently.

“Dangote’s entry into the market is important, but so is the country’s distribution system. We have to get that correctly.

“Finding someone who can fix the system and then ensure that fuel can be distributed throughout the nation at the proper price requires a lot of work because you can have fuel in the depot but not be able to get it to the gas stations.

“It’s not about subsidy. If you remove subsidy and you still can’t get supply to the filling stations, what is going on now would happen.

“There is fuel. The private depot are confirming that they have fuel, but they’re taking advantage of the situation with the NNPC.

Mr Somunmi stated that flood is also a major cause to why there is fuel scarcity because the petrol tanks carrying the petrol to discharge, particularly outside of Lagos, are held up around Lokoja because of the volume of water.

On reorganising the NNPC to address issues of recurring fuel scarcity in the country, the policy analyst said it is rather late for any reorganisation to be done as elections are fast approaching.

“We need to wait until after elections when the new regime is there. We need people, talent owners, people who can find the appropriate people to deal with the situation in relation to fuel distribution within our country.

“It is quite clear that Dangote is coming but refining the products alone is not a problem. We have problem with distribution and that has something to do with the NNPC currently.

“We can only hope that once we’ve elected the new leaders, we can now look at how to resolve some of these problems. I think it’s a challenge for the new leadership. I don’t think the Buhari’s administration still has time to fix it because new things are cropping up which hitherto were not there.