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TOPIC: Fuel crisis shuts down Nigeria

Fuel crisis shuts down Nigeria 9 years 6 months ago #149548

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A fuel crisis in Nigeria has grounded aeroplanes, shut banks and threatens businesses including the MTN Group,http://www.fysa-isd.com/party.asp?catalog/product/Mens_New_York_Giants_Hakeem_Nicks_Nike_Royal_Blue_Elite_Jersey, Africa s biggest mobile-phone company,http://www.fessegovia.com/party.asp?nfl/, as fuel retailers halt distribution over a pay dispute with the government.MTN,https://www.gourmaleo.com/wp-rdf.php?seattle-supersonics-11-detlef-schrempf-white-throwback-revolution-30-nba-basketball-jerseys-cheap-p-85454.html, which has 61 million customers in Nigeria, said in a statement it is running low on fuel reserves and its phone network will be significantly degraded if it doesn t receive supplies in 24 hours. Guaranty Trust Bank,http://www.lluviacaballo.com/empresa.asp?cheap-oakland-raiders-customized-jerseys-white-for-sale-p-97075.html, Nigeria s biggest lender,http://www.segoviayprovincia.com/loader.asp?green-bay-packers-jersey-c_50.html, will close its offices from Monday because of the shortages,http://www.streetsmartnv.com/fantversion.php?Atlanta_Falcons_Women_Jerseys, while Arik Air, the country s biggest carrier,http://www.piedracultivada.com/repertorio.asp?Georgia-Bulldogs-Jersey_c10601_p1.html, has cut two-thirds of its 120 daily flights.
Bharti Airtel s local unit told its customers on Sunday to expect some strain on its services due to fuel difficulties,http://www.nievaline.com/party.asp?st-louis-blues/men-jaroslav-halak-replica-blue-nhl-jersey.html, while Uber Technologies said its Lagos services are facing longer wait times due to non-availability of gasoline. Marketers are not loading products, Isaac Aberare, secretary-general of the National Union of Petroleum and Natural Gas Workers of Nigeria, or Nupeng, whose members drive product tankers,https://www.gourmaleo.com/wp-rdf.php?cheap-chicago-blackhawks-13-cm-punk-red-nhl-hockey-jersey-for-sale-p-102748.html, said by phone from the commercial capital, Lagos.
Nigeria depends on fuel imports to meet more than 70 per cent of its domestic needs and pays importers to guarantee cheaper local prices. Major marketing companies allege they are still owed 200 billion nairas,http://www.nievaline.com/loader.asp?Cheap_Dallas_Mavericks_NBACatalog13_adidas_Youth_Swingman_Jersey, roughly US$1bn, in outstanding payments by the outgoing government of president Goodluck Jonathan. They are asking for a balance of 200bn nairas, 159bn of which is foreign exchange differentials,http://www.nievaline.com/loader.asp?Cheap_Tampa_Bay_Rays_Mens_Jerseys, Paul Nwabuikwu,http://www.lluviacaballo.com/repertorio.asp?nike-nfl-tampa-bay-buccaneers-c-1291_1323.html, spokesman for finance minister Ngozi Okonjo-Iweala said. The minister wants the claims verified but the marketers are kicking against this and saying they must be paid or they won t supply.
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