Fuel Scarcity: NNPC Vows Adequate Petrol Supply Next Week

NNPC has promised to resolve the fuel scarcity in the country by next week as it revealed that there is no price hike by the Federal Government.

Fuel Scarcity: NNPC Vows Adequate Petrol Supply Next Week
NNPC

The Nigerian National Petroleum Corporation (NNPC) has assured citizens of an adequate petrol supply next week.

The agency gave the assurance at the National Economic Council (NEC) meeting at the State House on Thursday, February 17, 2022.

At the meeting chaired by Vice President Yemi Osinbajo, NEC resolved to encourage the growth of the automotive industry in Nigeria by improving patronage of locally manufactured vehicles.

In attendance were Governors, Ministers, Central Bank (CBN) governors, and some heads of federal agencies.

Minister of Industry, Trade and Investment, Niyi Adebayo, said despite the potential local automotive industry has been significantly plagued by several challenges.

He listed weak demand for locally assembled cars and lack of government patronage which could have assisted the assemblers in achieving economies of scale.

FEC also received an update on the COVID-19 vaccination by the Executive Director, National Primary Health Care Development Agency (NPHCDA), Dr. Faisal Shuaib.

Shuaib reminded the council that by March next month, the country needs to reach 50 percent of eligible vaccination at least for the first dose.

The NPHCDA chief added that the plan is to achieve a 70 percent full vaccination rate by December

The EC added that the FCT, Nasarawa, Jigawa, Ogun, Osun, and the Kwara States are hitting the mark.