Fuel Scarcity in Nigeria Causes Economic Disruption and Price Inflation; Cooking Gas Prices Adjusted as Supply Improves; Cost of Living Soars as Price of Garri Surges in Markets; FG Considers Assisting Filling Stations to Sell Fuel Priced at N200
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Fuel scarcity in Nigeria has caused economic disruption and price inflation, with businesses experiencing losses and SMEs rationing operating hours. Motorists face long queues and commuters walk long distances due to increased transport fares. Cooking gas prices have adjusted following improved supply and forex availability. The price of garri has reached record highs due to artificial scarcity. The government is considering assisting fuel marketers in installing CNG pumps. The use of CNG vehicles could save $2.5 billion and 6 million liters of fuel per day. The economy's struggles are reflected in the booming funnel sales. #FuelScarcity #EconomicDisruption #PriceInflation #CookingGas #Garri #CNG #Nigeria...

#newstr #FuelScarcity #CookingGasPrices #GarriPrices #GovernmentAssistance #CngpoweredVehicles #EnergyTransition #CostSavings #EnvironmentalImpact 

 https://here.news/story/82ec0275?ver=0.21