Nigeria, Africa's top crude producer, may face prolonged fuel shortages with importers hindered by a lack of credit and the state oil company unable to meet demand, a retailers' association said. Many fuel importers are no longer credit-worthy and can't finance new orders, Taofik Lawal, a Lagos-based spokesman for the Independent Petroleum Marketers Association of Nigeria, said on Nov. 13 in a phone interview. "The current fuel scarcity may not be over soon since there's still disruption in supply." Nigeria depends on fuel imports to meet domestic needs because of inadequate refining capacity. It pays importers the difference between regulated prices and import costs. President Goodluck...
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