According to Reuters, traders and local sources have warned that new fuel bookings have shrunk because oil marketers could not get the dollars needed to buy, while the Nigerian National Petroleum Corporation (NNPC) has not been able to sign agreements quickly enough to exchange crude oil for products.
Friday, 26 February 2016
FUEL SCARCITY LOOMS AS FG SEEKS TO SWAP MORE OIL
According to Reuters, traders and local sources have warned that new fuel bookings have shrunk because oil marketers could not get the dollars needed to buy, while the Nigerian National Petroleum Corporation (NNPC) has not been able to sign agreements quickly enough to exchange crude oil for products.
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