Nigerian journalist foresees another fuel scarcity as he outlines steps the FG will 'use to finally increase fuel price to over N1,000'

Nigerian journalist, Fisayo Soyombo took to X on Monday morning to reveal what he thinks the Federal government will do to increase the fuel price in Nigeria.He wrote;A step-by-step guide to increasing pump price of petrol in Nigeria (without a whimper from the people) 1.Create petrol scarcity. Its the very foundation. 2. Get the NNPC to announce its reservoir of the commodity is enough to serve Nigerians (and neighbouring countries) for the next 1,000 months! Very important to spin a false sense of hope. 3. Create more scarcity. Let the people queue for several days just to fill their cars. No pain (for the people), no gain (for the government). 4. Watch black marketers sell at inflated prices prices far higher than the targeted price hike to end users who cannot join the endless queues. 5. Dont hike the price yet; be strategic. Wait a few more weeks to be sure the people have suffered enough and have reached the just-make-the-fuel-available-at-any-price stage. 6. Now, you can increase it from N617/litre to N897/litre. Whatever! 7. It worked, so you wait another two to four months, then rinse and repeat. You heard it from me first: another petrol scarcity is looming, and after that well be paying well over a thousand naira per litre.        The post Nigerian journalist foresees another fuel scarcity as he outlines steps the FG will 'use to finally increase fuel price to over N1,000' appeared first on Linda Ikeji Blog.