Cars queue up at Total Filling Station along Secretariat road, Ikeja. Photo: Idowu Ogunleye
The Petroleum Products Pricing Regulatory Agency (PPPRA) on Tuesday blamed the current scarcity of petrol in the country on the devaluation of the naira.
It said this had led to delay in payment to oil marketers involved in the importation of petroleum products.
Executive Secretary of the agency, Farouk Ahmed, made this known in Abuja while fielding questions from the Senate Committee on Petroleum Downstream during the agency’s defence of its 2015 budget.
Ahmed, however, assured that the scarcity would abate at the weekend.
According to him, the scarcity of …Read More
Source:: PM Newspaper
