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Fuel Scarcity: The Reason Marketers Are Hoarding Fuel

Farouk Mohammed
By Farouk Mohammed
Published: May 18, 2015
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Multiple sources have spoken with our correspondents on the current fuel scarcity, saying the issue may continue till 29th May following what they called ‘non-payment of outstanding subsidy claims for imported fuel’. Following this, the marketers have created a scarcity of the product, consequently impeding economic activities.

Other claims from sources close to the marketers say the scarcity is in a bid to force the authorities to pay up outstanding sums before the May 29 change in government.

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ByFarouk Mohammed
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Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
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