Monday, 25 May 2015

#Fuel Scarcity: Actress Funke Akindele rides bicycle to church



Star actress, Funke Akindele rode a bicycle to church on Sunday due to the fuel crisis in the country. This is according to her post on the social media.

Nigeria has been brought to a virtual standstill by fuel shortages, caused by a row between the outgoing government and importers, as well as strikes by petrol tanker drivers and oil and gas workers.

Despite being Africa’s biggest oil producer, petroleum products have to be imported to Nigeria because of a lack of functioning domestic refineries.

The government keeps the price at the pumps below the market rate for consumers and pays the difference to importers and marketers.

But they say they are owed $2 billion in arrears and have shut fuel depots until the balance is paid.

The government maintains the money has been paid and the importers are holding the country to ransom by demanding losses from the slump in the naira currency caused by the global drop in oil prices.

No comments: