Nigeria is currently dealing with one of its worst fuel shortages in years. The crisis has been dragging on for over a month already, and, despite promises from the head of the state oil firm, the “situation has deteriorated in the past few years,” according to Reuters . And it’s starting to hamper economic activity. Drivers have been lining up for days at petrol stations across the country, and the lines of traffic were so bad in the capital city of Lagos that they blocked traffic, according to a recent Reuters report . Some people couldn’t make it to work. “Such shortages are particularly disruptive in Nigeria because stagnating electricity output and frequent power cuts leave consumers and businesses dependent on diesel-powered private generators,” wrote Capital Economics’ Josh Ashbourne in a note to clients. “The current energy shortage will strangle growth in the vital non-oil sector.” Capital […]