State oil company’s ‘financial strain’ compounds Nigeria’s fuel shortageMon, 02 Sep 2024 15:49:51 GMT
Weeks of fuel scarcities in Nigeria are compounding a cost-of-living crisis, with the state-run oil company acknowledging “financial strain” was hampering supplies.Olufemi Soneye, a spokesman for government-controlled Nigerian National Petroleum Company Limited (NNPCL), blamed the lingering scarcity on financial issues, in a statement at the weekend.Nigeria, a major African oil producer, often sees sporadic fuel …