As fuel scarcity bites harder, commercial activities across the country, economic activities ,have been grounded, amid tougher days ahead for commuters, businesses and air travellers.

According to the Chairman of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Sunny Nkpe, Nigeria is constantly plagued with fuel crises because it’s not using its refineries.

An online media knowns as Pulse said Nkpe disclosed this on Monday, May 25, 2015, during a telephone interview with Pulse.

The IPMAN Chairman stated further that Nigeria’s refineries can produce 50-60% of the fuel the country needs but they’ve been shut down for more than a year.

“We have refineries that can refine 450,000 barrels of crude oil per day, that’s millions of litres of refined product,” he said.

“Why are we not using the refineries? Let them use the refineries,” Nkpe said.

An industry insider, who chose to remain anonymous,said that the relevant government agencies refuse to use the local refineries to produce the country’s needs because there’s much more money to be fraudulently gotten from importing the product.

“They are knowingly boycotting the refineries,” she said. “They make more money with importation due to corruption and fraud,” she added.

The fuel subsidy regime in Nigeria has come to be viewed as a huge scam, a notion buttressed by the 2014 arrest of 121 suspects, who were believed to have benefited from it, by the Economic and Financial Crimes Commission (EFCC).

The current scarcity is said to be an artificial creation of the marketers in attempts to force the government to pay the remaining subsidy debt it owes them before a new administration is inaugurated on May 29, 2015.

Meanwhile, the marketers have called of their strike and are expected to begin supplying product nationwide to end the scarcity.

However, until the real problems causing the scarcity are resolved, Nigerians are left asking how long it will be before the next crisis occurs


CC :lalasticla

source : http://streetgist.com/reason-behind-fuel-scarcity-in-nigeria/

more reply.
what do you think?

No argument.
Since the government refinery had refused to work, the local ones at the backyard would have saved us from this biting hardship but JTF will not allow them be.

Open secrete

This shows how clueless and corrupt this government is, imagine having a farm and tractors and requesting for somebody else to come and be using cutlasses to work on the farm and hold you to ransome on your farm. which Nigeria way like Sunny Okonsu sang in the 80s.

kenonze:
Open secrete

abi naw...

psucc:
No argument.
Since the government refinery had refused to work, the local ones at the backyard would have saved us from this biting hardship but JTF will not allow them be.

hmmm, but does local ones at the backyard are illegal

we are getting there

more reply pls

The real reason is not because of non-working refineries. The real reason is corruption!! If not for corruption, 1/10th of the money looted by our Abacha alone would've fixed our refineries!!

sinizia:
The real reason is not because of non-working refineries. The real reason is corruption!! If not for corruption, 1/10th of the money looted by our Abacha alone would've fixed our refineries!!

yes you are right

Nigeria is unpredictable, jux dis few days DAT fuel is scarce,evrythng have sieze completely.wat if God did not bless us wit dis oil,then Nigeria wuld AV been an unknown country. People dey even queue 2 collect der battery/phone 4 charging port.