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These are definitely not the best of times as it seems like the worsening fuel scarcity may last longer than expected. This is the third week the scarcity hit, making it one of the worse in the country and so far there is no reprieve in sight.
According to reports from This Day newspaper, the Major Oil Marketers Association of Nigeria, MOMAN, importers and storage companies say the federal government is still owing them more than N200 Billion in subsidy payments.
This development has led to the chaos in the oil industry which has had a ripple effect in other sectors of the economy.
It is really shocking that Nigerians continue to face long queues for fuel and we are meant to be Africa’s biggest crude producer and economy.
Something has just got to give because I really don't know how long we can continue this suffering.
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