Wednesday, June 6, 2007

Fuel Shortage

There is currently a fuel (pronounced fwel here) crisis in Lagos. Though unrelated, the fuel scarcity comes just after a price increase (65 Naira/Liter to 75 N/L which equals about $2.25/gallon). The gas price here is fixed and I believe subsidized by the government. For a country that has sooo much crude oil, it is hard to believe that there could ever be a short supply of gasoline. I had heard that the shortage was related to the selling of refineries as the government changed hands. Another reason I heard had to do a strike by the fuel tanker drivers. Nevertheless, the long lines for fuel at the nearby gas stations caused much congestion to a city already prone to heavy traffic.

Read more about the fuel shortage here:
Read more about the fuel price increase here:
Read more about the possible upcoming strike here:

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