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Wednesday 14 October 2015

Nigeria Has No Shame

Oil marketers have given three conditions for continued supply and distribution of petroleum products, as shortages crept in once again with fuel queues noticeable in some parts of Abuja, Lagos and other cities nationwide.
The conditions are that

  • Federal Government pay outstanding subsidy claims by month end.
  • Intervene for the Central Bank of Nigeria, CBN, to release foreign exchange to marketers.
  • Intervene with commercial banks to grant credit lines to marketers.
Vanguard gathered the conditions were part of the agreements reached yesterday at a crucial meeting in Abuja, with the management of Nigerian National Petroleum Corporation, NNPC.
According to a dependable source, “NNPC simply told the public their own side of the story, without reflecting our own concerns".


As if refining oil abroad is not shameful enough.
Nigeria being one of the top countries with abundant crude oil reserves will always have issues of fuel scarcity?
 Hmmmmm.. Na wa ooo!!!


Change!!!

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