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National Fuel Management System dovetails with economic growth

The National Fuel Management Systems which was officiated by  President Emmerson Mnangagwa is set to equally help government in the regulation of national fuel demand and associated fuel resource allocation.

The National Fuel Management System ensures better monitoring and regulation of various aspects of the fuel subsector including fuel procurement, deliveries, sales, storage, general consumption trends and patterns.

Speaking at the launch last week at Harare Institute of Technology (HIT), President Mnangagwa said the development of the system confirms abundance of the unexploited competencies and skills within Zimbabwe.

“The integrated and responsive intervention for the fuel subsector we are launching today comes at an opportune time.

“It coincides with the increasing demand for fuel and energy as a result of Second Republic’s progressive socio-economic policies and programs,” President Mnangagwa said.

He highlighted that at regional the integrated system will go a long way in engendering seamless transportation of fuel and its passage through the country’s ports of entry and it dovetails with the Southern Africa Development Committee (SADC)’s 2063 Industrialisation Strategy and Roadmap.

“It further helps validate in-transit fuel tankers passing through our jurisdiction and the system is part of government’s efforts to ensure a technologically driven economy which mainstreams ICTs as an enabler for sustainable socio-economic growth,” President Mnangagwa said.

The system is a useful decision making tool which provide real-time information and the judicious management of fuel, from service station right up to national level.

 

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