FEATURE: NIGERIA AND FUEL SCARCITY
7am that was the time I left my home in
search of fuel. Since I needed to keep track of the news other blogging
activities, I had no choice but to. PHCN on the other part have not be reliable
these days. At about 10 am, I finally got 10litres of fuel selling 130 naira. But
I realized it was 3litres short. I got home feeling angry, my day had barely started
but it already felt ruined.
These ordeal and many more
have been the pains of most Nigerians since the past 1 month. Fuel scarcity
rearing its ugly head again. It’s almost now a yearly phenomenon. How shameful
can it get?
How can a country blessed
with so much crude oil, 7th largest in the world keep having this
problem and the worst part is, every time it happens, the government seem
clueless as to the cause or how to solve it. Be it deliberate or otherwise, it
is really shameful. I wonder how they manage to keep their heads up when they
are among other committee of nations.
Businesses across the country
are shutting down because without electricity, there is little an entrepreneur
can do. Traffic is hell these days no thanks to the long queues that stretches
all the way from the filling stations into the roads. And if you’ve never
appreciated the fight against ‘global warming’, I bet by now you must do. So you
see, life has been a living hell for the common man in Nigeria no thanks to
fuel scarcity and once again I am still at lost just how the largest crude oil
exporter in Africa got to this point.
Nigeria has an installed
refining capacity of 445,000 barrels of crude oil per day, barely enough to
meet the demands of the public. We still rely on some so called ‘marketers’ to
meet our demands. Importing about 70% of the refined products and costing the country
around $62 billion as at 2014. An amount huge enough to put its four refinery
back to shape. So why has it been difficult to do this. Why can’t we fix or
upgrade these refineries to meet our daily need, so we don’t have to import
refined fuel.
For every barrel, the
government pays at least $8 to subsidize it. A fee I think is just a scam
because right now and even before the scarcity we have been buying fuel at pump
price way above 84naira per litre. To end this madness, that’s what I call it,
Subsidy has to go because it’s obvious the so called marketers are ripping the
country dry and butting us in a quagmire whenever they feel threatened. There have
been widespread rumour of mismanagement and corruption involving these
marketers, removing fuel subsidy and freeing up funds will do a lot of good to
the government since it said we are broke.
Some school of thought have argued that the
effect of the removal will hit Nigerians hard as fuel will be selling for above
300naira per litre and even more depending on market fluctuations. Be that the
case, we are currently buying fuel between 150 to 300 naira in some places
right now. Some Nigerians are buying at black market for a whopping 1,500 naira
for 5litres.
The truth still remains that Nigerians won’t
mind as long the fuel is readily available and also there is a sincere promise
from government to use the money to good use and make sure the price drops over
time.
One thing is clear, with the
marketers having a huge say in how petrol is dispensed, fuel scarcity will
surely persist. The ultimate responsibility therefore lies with the government
to take a decision and find a lasting solution to this shameful problem once
and for all.
As the scarcity bits even harder,
the government should be aware that one key reason the previous administration
was voted out was as a result of its lack of truthfulness and will power. So Buhari
administration should be truthful to us, and not telling us NNPC has enough fuel
for the nation but then the scarcity seem unending.
If the marketers are the problem
like the government said, then he should take a decision quickly and not make
Nigerians suffer for it. Buhari’s Government has the whole support of
Nigerians, but they should know, it’s only a matter of time before that support
is called into question and moments like this are fueling that call even
further.
By Georgia Johnny
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