Fuel Scarcity: Oil Importers Suspend Activity, Prices Now N300 Per Litre
The fuel Scarcity currently ongoing in the nation in Lagos and Abuja is going no where soon, as oil marketers have suspended importation.
The marketers decision was suspend the importation of Premium Motor Spirit, PMS was due to the Federal Government’s failure to pay them their claims.
One source deep in the depot and Petroleum Products Marketers Association, DAPPMA told newsmen that most of the marketers have not been paid by the FG and this is limiting their ability to finance the importation of fuel.
Oshodi-Apapa expressway
The source demanded that the FG honour their deals and pay the marketers, he revealed that the FG paid some DAPMA members about N4 billion but this was just a chunk of the iceberg
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