08
Oct
Fuel Crisis In Nigeria 2016. 2016 when news broke of a suspected Russian government hack of the Democratic National Committee. The problem is not a creation by witches from outer space but an entirely Nigerian problem by Nigerians. Afolabi SotundeReuters Nigeria is currently dealing with one of its worst fuel shortages in years. The slump in global oil prices is hammering the Nigerian economy.
When the nation is about to breathe a sigh of relief through regular supply suddenly the crisis will. The crisis has been dragging on for over a month. Finally the government paid the bill in November. 10 Oil price decline will have severe impact on Nigerian. The problem is not a creation by witches from outer space but an entirely Nigerian problem by Nigerians. This is a situation when there is acute shortage of fuel with attendant long queues that last for weeks and months.
Nigerias perennial fuel crisis has defied all solutions by successive governments.
This week the author gives us an inside look into a problem affecting Nigerians on a daily basis. Nigerians take to Twitter as a lingering fuel scarcity crisis leaves them without fuel for cars light and power. 2016 when news broke of a suspected Russian government hack of the Democratic National Committee. With their fuel situation Nigeria is engulfed in incessant fuel crisis which has been taken its toll on almost all aspects of the economy for almost two decades. The Nigerian energy supply crisis refers to the ongoing failure of the Nigerian power sector to provide adequate electricity supply to domestic households and industrial producers despite a rapidly growing economy some of the worlds largest deposits of coal oil and gas and the countrys status as Africas largest oil producer. Police have been stationed at petrol stations.