Abuja (AFP) - Agreement was reached on Monday to end a crippling fuel crisis in Nigeria that had left the country at a virtual standstill just days before a new government is installed.Banks had begun to close early and telecoms firms warned their mobile phone networks could be shut down because of fuel shortages, which left domestic airlines grounded and saw petrol stations run dry, hitting businesses and homes.But an end to the crisis was reached after the main unions and industrial groups responsible for supplying and distributing the majority of petrol and diesel in Nigeria met the government for talks.Afterwards, the executive secretary of the Major Oil Marketers Association of Nigeria (MOMAN), Babafemi Olawore, said: "We have agreed...
Deal Reached To End Crippling Nigeria Fuel Crisis
Ola Awoniyi, Business Insider
Mon, 05/25/2015 - 6:15pm
Topics: abuja afp agreement major oil marketers association moman babafemi olawore kassim bataiya national association road transport owners narto black despite businesses gt bank union bank sterling bank mtn airtel etisalat arik air aero contractors dana air west african president goodluck jonathan finance minister ngozi okonjo-iweala virtually jonathan muhammadu buhari buhari's all progressives congress apc lai mohammed nigeria africa jonathan deal reached crippling fuel crisis government prices country grounded owed billion workers economy claimed importers diesel petrol warned hit electricity shortages year crude shut left networks domestic airlines depots administration monday companies early stations fully industrial global revenue
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