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Accelerating inflation and the foreign exchange shortage in the country have been having adverse impacts on the businesses of oil marketers, OPEOLUWANI AKINTAYO writes
Long queues have started surfacing in parts of the country, checks by Daily Trust have shown. From Lagos, Kano and Abuja, findings by Daily Trust indicated that most filling stations are not dispensing while the few dispensing are experiencing long queues. In Kano State, commuters have started groaning as commercial transport fares have increased due…
Oil marketers, on Monday, said the cost of Automotive Gas Oil, popularly called diesel, was still over N1,000/litre despite the announcement of the Federal Government that it had removed Value Added Tax on the commodity.
Oil marketers are increasingly worried they can’t import petrol due to the dollar shortage in the country. Despite the deregulation of the downstream sector, concerns have been raised about the potential comeback of the country’s persistent fuel scarcity, OPEOLUWANI AKINTAYO writes
Oil marketers are increasingly worried they can’t import petrol due to the dollar shortage in the country. Despite the deregulation of the downstream sector, concerns have been raised about the potential comeback of the country’s persistent fuel scarcity, according to THE PUNCH. Expectations were high when oil marketers canvassed for the removal of fuel subsidies,