Making a presentation at a public hearing on the fuel crisis jointly organised by the Senate and House of Representatives, Kachikwu described as shameful government’s failure at getting oil sector businesses right. If we are going to sell at N145 per litre, we are going to put mechanisms in place, so that the private sector can go back into importation. The price at which we sell today is N145. He noted: “We need to free the marketers to do their business. The Executive Secretary of the Major Oil Marketers Association of Nigeria (MOMAN), Obafemi Olawore, who made the plea, said government had not shown enough sensitivity to the plight of marketers on the matter.

Source: The Guardian January 05, 2018 04:30 UTC