APC Says There’s No Fuel Scarcity – As Scarcity of Petrol Bites Harder
As Nigerians groan under a biting shortage of petrol, the ruling All Progressive Congress (APC), has said the product is available in abundance. “There’s no ‘actual scarcity’,” the APC said in a statement on Twitter Friday afternoon, and blamed marketers and panic buying during yuletide holidays for the lingering scarcity. “Just some stakeholders hoarding allocated products in order to cause artificial scarcity + panic buying, for their own selfish interests. However, it’s unaccountable, even as relevant authorities are on the matter. Any inconvenience is regretted,” APC stated. Unavailability of petrol has thrown the country into a renewed state of chaos for more than three weeks, despite several promises by the Buhari administration that it was in control of the situation. The scarcity has seen petrol prices skyrocket from N145 maximum approved price to as much as N400 at the black market. Millions of Nigerian also sleep at filling stations across the country in searc