Star actress, Funke Akindele rode a bicycle to
church on Sunday due to the fuel crisis in the
country. This is according to her post on the
social media.
Nigeria has been brought to a virtual standstill by
fuel shortages, caused by a row between the
outgoing government and importers, as well as
strikes by petrol tanker drivers and oil and gas
workers.
Despite being Africa’s biggest oil producer,
petroleum products have to be imported to
Nigeria because of a lack of functioning domestic
refineries.
The government keeps the price at the pumps
below the market rate for consumers and pays
the difference to importers and marketers.
But they say they are owed $2 billion in arrears
and have shut fuel depots until the balance is
paid.
The government maintains the money has been
paid and the importers are holding the country to
ransom by demanding losses from the slump in
the naira currency caused by the global drop in
oil prices.
church on Sunday due to the fuel crisis in the
country. This is according to her post on the
social media.
Nigeria has been brought to a virtual standstill by
fuel shortages, caused by a row between the
outgoing government and importers, as well as
strikes by petrol tanker drivers and oil and gas
workers.
Despite being Africa’s biggest oil producer,
petroleum products have to be imported to
Nigeria because of a lack of functioning domestic
refineries.
The government keeps the price at the pumps
below the market rate for consumers and pays
the difference to importers and marketers.
But they say they are owed $2 billion in arrears
and have shut fuel depots until the balance is
paid.
The government maintains the money has been
paid and the importers are holding the country to
ransom by demanding losses from the slump in
the naira currency caused by the global drop in
oil prices.
No comments:
Post a Comment