Fuel scarcity hampering business activities in Nigeria- ACCI boss

The Abuja Chamber of Commerce and Industry (ACCI) says the persistent  fuel scarcity is hampering the ease of doing business in the country.

The ACCI President, Emeka Obegolu, who stated this in a statement on Thursday, called on the Federal Government to urgently resolve the challenge.

“The fuel shortage has made it more expensive for people and businesses to transport goods and conduct transactions, frustrating the ease of doing business.

“The current fuel scarcity is hurting businesses and hampering economic activities. We urge the government to address the root causes of this problem as a matter of priority,” Obegolu said.

Obegolu said the scarcity made some unpatriotic citizens increase fuel prices in some parts of the country, leading to a consequent increase in transportation fares and logistics costs.

He expressed hope that the upcoming Dangote refinery and other new refineries would help eliminate this ugly trend and make Nigeria self-sufficient and less reliant on fuel imports.

The leader of the Organised Private Sector in the Federal Capital Territory called on NNPCL to expedite the distribution of petroleum products across the country.

According to him, the availability of the product will ease speculations and reduce the hardship Nigerians are facing due to the fuel shortage.

READ ALSO:

“ACCI as the leading voice of the private sector in FCT will continue to be at the forefront of advocating for policies and interventions that support the growth and development of businesses,” Obegolu said.

The News Agency of Nigeria (NAN) reports that the Nigerian National Petroleum Company Limited (NNPCL), assured Nigerians that the fuel queues across the nation would soon be cleared.(NAN)

Leave a Reply

Your email address will not be published. Required fields are marked *