In Abuja, the federal capital of Nigeria, boys are seen displaying petrol in jerrycans on roadsides while major fuel stations are empty. In South West Ekiti state, most filling stations were shut while the few having petrol have hiked the price. Worried about the situation, Governor Biodun Oyebanji of Ekiti State has set up a task force to look into the fuel scarcity. In a desperate effort to stop importation of petroleum products, boost production and stop subsidy, President Muhammadu Buhari has witnessed the signing of an agreement with Daewoo Group of South Korea to revamp the Kaduna refinery. Daewoo, which is currently rehabilitating the Warri refinery, is expected to deliver fuel before the first half of 2023.

Source: Daily Nation December 01, 2022 12:31 UTC