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The Senate, yesterday, summoned the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, to appear before it today.

Kachikwu was summoned by the Senate Committee on Petroleum Resources (Downstream), following the on-the-spot assessment of the crisis in major filling stations within Abuja metropolis in the Federal Capital.

Acting Chairman of the committee, Jibrin Barau, with two other members, told newsmen that the Group Managing Director (GMD) of the NNPC must appear before them today to explain what led to the situation and possibly proffer a lasting solution to the lingering crisis in the petroleum industry.

“This situation is very bad and unacceptable, hence the need for the minister to appear before us tomorrow (today), and unveil his plan of a way out to us. Even if he doesn’t have any plan yet out of the lingering problem, the Senate President and the entire members of the committee are more than ready to rub minds with him for that needed purpose.“

The post above and its ensuing comments, if any, is purely the opinion of the writer(s). It therefore should never be considered as an investment advise of any sort. If required, readers should please consult a competent professional financial adviser for any investment decision.


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