Fuel Shortage

Nigeria Faces Another Crisis As Govt Faces “Severe Financial Strain” With “Empty Treasury” To Pay For Fuel Subsidies

Nigeria is likely to be hit by fuel shortages in the approaching weeks as government funds run low and they won’t be able to support payments for gasoline subsidies, Bloomberg reports, citing the head of Seplat Petroleum Development. “In three weeks we will be back to scarcity because we simply don’t have the money to … Continue reading →