Tuesday, 12 May 2015

Fuel Scarcity: Three Reasons Why Its Not Stopping Anytime Soon.

FUel

According to reports, the fuel scarcity currently being witnessed in Nigeria might not improve any time soon.
The already bad problem of fuel supply in the country has been worsened by a growing uncertainty which is connected to the payment of oil subsidies to marketers.
According to an industry source who spoke to The Cable, these are three reasons why you will keep queuing for fuel:

1. Banks have become hesitant to finance imports of petrol and kerosene and have now tagged the transactions as a “political risk”.

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