Fuel Crisis Continues To Wreak Havoc in Lagos
The current fuel crisis that is wreaking havoc on the lives of thousands of Nigerians seems to be only getting worse, as people in Lagos has had to queue for fuel again.
Last week we reported on the fuel crisis that is making life very hard for people in the capital city.
Many people complained and were angered over the fact that they had to queue for hours on end at petrol stations on the city without a guarantee that they would be able to get fuel.
Things also headed to a climax this week, after many motorists resorted to violence because they were so angered aver not being able to purchase fuel.
The fuel crisis has also prompted many to buy fuel on the black market at an inflated price. However, as this is obviously illegal, some news sources have reported that paramilitary officers trying to seize the black market gas and fuel had to resort to violence and had in some instances shot and killed black market fuel sellers.
Despite Nigeria being the top oil producer in Africa and one of the biggest oil producers in the world, they have faced oil scarcity – which results in fuel scarcity – before.
This is all due to corruption and mismanagement that has caused the crisis and is a testament of the declining economy of Nigeria.
Many people have also started pointing fingers at president Buhari and his government, as they believe he made promises to tackle the corruption and mismanagement in the oil industry.
However, it does not seem as if there has been any change thus far.
Petroleum Minister of State, Emmanuel Kachikwu, also had to go to great lengths to accommodate the fuel crisis. His department announced that he had to broker a $200 million deal in the hopes of it helping to fund imports of fuel.
However, he also admitted that this $200 million ‘buffer’ would not be a long term solution to the ongoing crisis the country is facing.