The Africa Centre for Energy Policy (ACEP), has ruled out any impact of the fuel shortage in Nigeria on Ghana. The energy think tank explains that, Ghana’s decision to review downwards its sulphur content for imported petroleum products, limits it from importing fuel from Nigeria.
Nigeria has for the past three weeks been hit with fuel shortages, particularly in Lagos and Abuja. The development has left commuters and drivers stranded. The government is seeking to improve its refinery system and increase local supply going forward.
Mr. Boakye, however, explained to Citi Business News that the absence of a robust system to improve local production and supply of refined products could have triggered the massive impact of the shortage. In his view, the government should work to improve the local base so as not to lose the hindsight benefit of its local content laws.