Home BUSINESS Nigeria Grinding To A Halt As Fuel Scarcity Lingers

Nigeria Grinding To A Halt As Fuel Scarcity Lingers

No fuel

Nigeria appears to be grinding to a halt as fuel scarcity lingers across the country even as oil marketers insisted that they would not go back to business until all their subsidy money is paid.

Many businesses, including airline, communications outfits and banks are now closing down until the situation returns to normal.

In a statement to its customers across the country today, one of the leading commercial banks, Guarantee Trust Bank (GTB) notified its customers of the closure of all its branched due to shortage of fuel.

The notice read: “The current shortage of petroleum products in the country has limited our ability to supply diesel to all our branches, in order to continue normal branch operations.

“Due to this, we unavoidably have to close our branches nationwide at 1pm, from tomorrow Monday, 25th May 2015.

“Whilst we have had to take this step to close branch operations early, we would like to seek your understanding at this time, and assure you that we will continue to work hard at finding alternative solutions to this situation and will advise you once the situation has abated.
“However, all our alternative channels will be fully functional and available for all your Personal and Business Banking.” [myad]

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