L
LequteMan
Guest
Nigeria - In a Vanguard report, unnamed oil marketers outlined reasons why they decided to hoard fuel supply, plunging the nation into a period of scarcity for the commodity.
According to the report, oil marketers decided to create a scarcity for the commodity in order to force FG to pay the losses they incurred from the price change of petrol (N97 to N87), their remaining subsidy claims, and also because they don't know how the incoming Buhari government will treat them.
“My friend, we are not sure what the incoming government will do with us as from May 29. We need to force the present government to pay us our outstanding claims now. We love this country, but we need to be sure we have products now, because we do not know what will befall us in the next two weeks.”
Another marketer also corroborated: “We are all aware how a new government behaves in Nigeria. There is uncertainty of what the incoming government will do with us as regards the subsidy. If you were in our shoes, wouldn’t you make sure you get every kobo owed you by the present administration? What better way can you do that than to keep what you have?”
#Nigeria #Vanguard #Fuel #Petrol #Buhari
According to the report, oil marketers decided to create a scarcity for the commodity in order to force FG to pay the losses they incurred from the price change of petrol (N97 to N87), their remaining subsidy claims, and also because they don't know how the incoming Buhari government will treat them.
“My friend, we are not sure what the incoming government will do with us as from May 29. We need to force the present government to pay us our outstanding claims now. We love this country, but we need to be sure we have products now, because we do not know what will befall us in the next two weeks.”
Another marketer also corroborated: “We are all aware how a new government behaves in Nigeria. There is uncertainty of what the incoming government will do with us as regards the subsidy. If you were in our shoes, wouldn’t you make sure you get every kobo owed you by the present administration? What better way can you do that than to keep what you have?”
#Nigeria #Vanguard #Fuel #Petrol #Buhari
