Award winning Nollywood Actress, Funke Akindele popularly known as “Jenifa” on sunday posted on her Instagram page a picture of her mounting a bicycle. She added a caption: “Thank God for my bicycle! wonder how I would have gotten to church today. #fuelscarcity” .
Nigeria has been brought to a virtual standstill by fuel shortages, caused by a row between the outgoing government and importers, as well as strikes by petrol tanker drivers and oil and gas workers.
We have reported cases of companies like Beat FM , shutting down due to fuel scarcity and banks like GTB to close early today because of fuel scarcity.
According to Vanguard, The government keeps the price at the pumps below the market rate for consumers and pays the difference to importers and marketers.
But they say they are owed $2 billion in arrears and have shut fuel depots until the balance is paid.
The government maintains the money has been paid and the importers are holding the country to ransom by demanding losses from the slump in the naira currency caused by the global drop in oil prices.
How is the fuel Scarcity affecting you?