DMEA: Nigerian group urges action on fuel scarcity

The Nigerian Employers’ Consultative Association (NECA) has made calls for “urgent coordinated action” and “strategic interventions” to fix ongoing issues of fuel scarcity in the country.

In a statement signed by Director General of NECA Adewale-Smart Oyerinde issued on May 5, the association expressed concerns at the continuous queues present at petrol stations around the country, thanks to lacklustre productivity and economic activity – despite the removal of fuel subsidies by Bola Tinubu in June 2023.

NECA highlighted that ongoing disruption to businesses as a result of fuel scarcity has led to increasing transportation and logistics bottlenecks that have in turn opened the door to increased operational costs.