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Capital Oil and Gas Industries Limited, said it is releasing about 13 million litres on Sunday night, approximately 400 trucks of petroleum products including premium motor spirit, popularly called petrol, to ease the scourge of the endemic fuel scarcity that Nigeria had been plunged into. Additional 53 million litres will also be released in a few days, making a total of 70 million litres from Capital oil.
The move has therefore, broken the ranks of oil marketers and depot operators, who have refused to import any more products until their outstanding subsidy claims of over N200billion is paid by the Federal Government.
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