Why is Nigeria always experiencing fuel scarcity and what could be done to find a lasting solution?
Inadequate supply of products due to frequent breakdown of the local refineries, incessant pipeline vandalism and bureaucratic delays in discharging imported products, strike actions by labour unions, product hoarding and diversion by unscrupulous marketers, Government’s policy on subsidy. Dependence on imported products and changes in market fundamentals of Crude Oil and Refined products in the International Markets.