Marketers blame fluctuating Forex, others for current fuel scarcity

As Nigerians wondered about the reason behind the current fuel scarcity, the Independent Petroleum Marketers Association of Nigeria (IPMAN) on Wednesday, issued a reason for the situation.

Queues had emerged at various filling stations across Lagos as commuters struggled to attend to their various businesses while commercial bus drivers increased transport fares.

Chief Ukadike Chinedu, the IPMAN National Public Relations Officer, during a press briefing in Lagos, linked the situation to the fluctuating value of the Dollar which affected the rentage of fuel vessels.