THE current hitch in the supply of Premium Motor Spirit (petrol) across the country is scandalous. As Africa’s largest crude oil producer, many months of fuel scarcity, especially during the Christmas and New Year festivities, reflects the dysfunction in Nigeria’s public administration and the economy. But this is not new, as petrol shortages have been recurring for over three decades. Scarcity resurfaced about four months ago, and has defied all logic and solutions. It deducted funds meant to be remitted to the Federation Account to cover petrol subsidy in the seven straight months to September 2022.

Source: Punch December 26, 2022 19:22 UTC