Why is scarcity looming?
Oladayo
1

Landing cost is already above 200Naira as we speak. NNPC tried the move to import all our fuel last year and created debilitating scarcity. I think they import between 45 to 60% now, so they can’t meet market demand and need the marketers who can only sell at 145 if they get subsidy since just landing cost is over 200. As FG doesn’t want to go back on their subsidy removal announcement, we’re headed for a stalemate which will end in scarcity.

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