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Nigeria's fuel crisis worsening

Nigeria's fuel crisis worsening

Nigeria

Nigerians continue to endure long lines at fuel pumps as the country continues to face a severe fuel crisis.

According to reports, the crisis has been triggered by an acute dollar shortage and the state oil company’s inability to sign agreements that will enable the exchange of crude oil for gasoline.

As a result, many fuel stations have been closed across the country crippling the nation’s economy.

Yarima Zafanaya a businessman in Abuja laments, “It’s somehow very very bad. How can somebody be in the queue since morning up to this hour now? It is almost 12 now and we have not gotten what we came for.”

The country’s fuel crisis has lingered for several months and has paved the way for black market traders who sell gasoline in jerry cans. This gasoline is often sold at a much higher price.

“Government is trying its best, there is a sabotage and the whole idea is sabotage. Some people are sabotaging the efforts of the government,” a Civil servant Aliti Sambo said.

Nigeria is Africa’s biggest oil producer, yet the country imports all of its domestic gasoline and about 90 percent of petroleum products.

For a long time now, the country’s oil and gas sector has been marred by widespread corruption. It is in this regard that President Muhammadu Buhari vowed to tackle graft in the industry.

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