Fuel crisis again? MERA says 15 days covered

Social media posts have sent have sent vehicle owners into panić mode, with queues forming in the capital, Lilongwe as they filled up tank fearing another shortage.

The Malawi Energy Regulatory Authority (MERA) says there is no need to panić as the country has 15 days supply of the commodity.

Fuel shortages have become a new norm mainly blamed on lack of foreign exchange and also institutionalised corruption at the National Oil Company of Malawi (NOCMA).

Fuel stations around the capital has longer than usual queues as motorists filled up tanks fearing a repeat of October dry up. Government has only sourced loans enough for 35 days worth of fuel.

MERA says they only have 15 days reserve which is far below the 90 days capacity that the national reserves has always had until early this year. Fuel procurement has been a bedrock of corruption scandals and the recent one implicates Secretary to the President and Cabinet Collen Zamba and Energy Secretary Alfonso Chikuni.

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