Gas lines won’t clear unless we act morally, according to Osifo

Festus Osifo, the president of the Petroleum and Natural Gas Senior Staff Senior Staff Association of Nigeria (PENGASSAN), says periodic lines won’t go away until the nation does what is right in light of the current gasoline shortage in the nation.

The majority of the nation’s gasoline shortages are caused by logistical issues, which Osifo—who also serves as the President of the Trade Union Congress (TUC)—said need to be resolved if the lines are to go away.

On Channels Television’s Politics Today on Wednesday, Osifo stated, “Even if the queues go away in the next one week, we cannot guaranty that after one month it will not return because we are always going to have challenges in the logistics until we do what is right.”

“Either we have those strategic reserves spread out over the entire nation, possibly in the six geopolitical zones, or we fix the pipelines so that we could feed the hinterland from those coastal areas.” We’re in for it till we get that.

Thus, even though the issue might be resolved in two weeks, I can’t promise that it won’t come up again in the next two or three months.

“We need a strategic reserve in case of PMS.”
Early this week, lines were once again seen in the majority of the nation’s gas stations, and oil marketers blamed this on persistent logistical issues.

Osifo thinks that keeping strategic gasoline stockpiles is one method to address the logistical issues.

When we import these goods, we mostly transport them through tank farms in Lagos, Port Harcourt, and Calabar.

Therefore, you import these goods, store them there, and then distribute them throughout all of Nigeria. As a result, you are unable to get these goods to the North in the event of problems in the South.

But if we had strategic reserves, we could keep these goods on hand so that, in the event of a local or worldwide crisis, we might draw from them and ultimately be able to provide for the needs of the nation.

Therefore, that is one of the solutions we have suggested to make sure these logistical issues don’t arise every day, according to Osifo.

He said that in order to address the issues, gas stations all around the nation should be required to reopen.

Using technology to stop the theft of crude oil
Oil theft has continued to impede the nation’s economic development, according to Osifo, who stated that PENGASSAN has offered the government a number of options, including the employment of technology to eradicate oil theft.

He asserted, “We can actually use technology to address this problem of crude oil theft.”