image
Fuel Crisis: Funke Akindele rides bicycle to church

Fuel Crisis: Funke Akindele rides bicycle to church

By Valentino in 26 May 2015 | 17:40
share
Valentino Ezenwanne

Valentino Ezenwanne

Student
Faithful User
Forums Best User
Forum Loyal User
Posts: 29
Member since: 18 Mar 2015
Star actress, Funke Akindele rode a bicycle to church on Sunday due to the fuel crisis in the country.

This is according to her post on the social media.

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.

Despite being Africa’s biggest oil producer, petroleum products have to be imported to Nigeria because of a lack of functioning domestic refineries.

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.
26 May 2015 | 17:40
0 Likes
 
 

Report

Please describe about the report short and clearly.

(234) 9121762581
[email protected]

GDPR

When you visit any of our websites, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and manage your preferences. Please note, that blocking some types of cookies may impact your experience of the site and the services we are able to offer.