State oil company’s ‘financial strain’ compounds Nigeria’s fuel shortage

Lagos, Nigeria — Weeks of fuel scarcities in Nigeria are compounding a cost-of-living crisis, with the state-run oil company acknowledging “financial strain” was hampering supplies. Olufemi Soneye, a spokesman for government-controlled Nigerian National Petroleum Company Limited (NNPCL), blamed the lingering scarcity on financial issues, in a statement at the weekend. Nigeria, a major African oil
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