L
LequteMan
Guest
Nigeria - According to a Reuters reports, fuel shortages and scarcity in the country are set to worsen as international traders and local marketers back away from imports over fears that the cash-strapped new government will halt costly subsidy payments.
Long queues at petrol stations in the major cities are blocking traffic as Africa's largest crude oil exporter runs out of domestic fuels. The shortage in some rural areas is even more acute due to a payment battle between independent retailers and the government.
"We have exhausted our stocks," said Stanley Yakubu, a worker at the Forte Filling Station in the Maitama neighborhood of Abuja. "We thought government and marketers have resolved their issues but supply is very slow in coming."
Traders said new bookings for vital tanker imports of transport fuel into Nigeria have slowed to a trickle, and some cargoes offshore are being redirected to other regions.
#Nigeria #Petrol #Fuel
Long queues at petrol stations in the major cities are blocking traffic as Africa's largest crude oil exporter runs out of domestic fuels. The shortage in some rural areas is even more acute due to a payment battle between independent retailers and the government.
"We have exhausted our stocks," said Stanley Yakubu, a worker at the Forte Filling Station in the Maitama neighborhood of Abuja. "We thought government and marketers have resolved their issues but supply is very slow in coming."
Traders said new bookings for vital tanker imports of transport fuel into Nigeria have slowed to a trickle, and some cargoes offshore are being redirected to other regions.
#Nigeria #Petrol #Fuel
