NIGERIA- The non-cooperation of banks on the
account of the debts they are owed by oil marketing companies will
prolong the current fuel scarcity. This is in spite of assurances given
to the marketers by the Federal Government that it would settled the
outstanding payment.
This is even as the Petroleum Product
and Pricing Regulatory Agency (PPPRA) is alleged to have reduced both
the volume and number of marketers it has given licences for fuel
importation, for the third quarter of the year.
