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Nairaland Forum / Nairaland / General / Politics / The Effects Of Fuel Scarcity In Nigerian. (575 Views)
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The Effects Of Fuel Scarcity In Nigerian. by ekaetteade(f): 11:21am On Apr 13, 2016 |
For close to a month, Nigerians have seen a shortage of fuel supply and scarcity. Mammoth queues are seen at filling stations and the pump price of petrol has skyrocketed. Every Nigerian has been affected by the situation, directly or indirectly. The federal government has vowed to end the crisis soon but their promises are not convincing with what's seen. Nigerians are really suffering from this fuel scarcity problems,and these are the common problems associated with fuel scarcity; 1. Traffic congestion The numerous queues at filling stations are affecting the free flow of traffic in major cities across the nation. This affects the efficiency of businesses becouse of the long cue,people traveling through major cities find it difficult to access the roads and spend longer hours travelling and even going to work. 2. Inflation The fuel scarcity has led to an increase in the pump price of petrol. This in turn causes an increase in the cost of transportation of goods. When this happens, traders hike the price of their goods, causing inflation. As well as hike in transportation fare making it difficult for people to go to there place of work and business. 3. Poor Power Supply It's a known fact that most Nigerian businesses rely on generators for their electricity. This is due to the awful power supply situation in the country. Generators run on petrol and once there's a shortage, businesses are affected and can't run optimally. In addition, homes are also left in darkness. 4. Corruption The fuel scarcity situation has led to the emergence of a parallel (black) market for the product. Many Nigerians see the crisis as a chance to engage in sharp practices, round-tripping and shortchanging. 5. Breakdown of Law and Order The continued fuel scarcity has caused a breakdown of law and order in some areas of the country. There was a riot in Festac, Lagos state on Wednesday when security officials killed two persons selling petrol on the black market. Is Nigeria heading for a Doom under the tutelage of President Buhari? |
Re: The Effects Of Fuel Scarcity In Nigerian. by talktonase(m): 11:23am On Apr 13, 2016 |
APC govt will say all this nah story to the gods 1 Like |
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