Dual Purpose Kerosene (DPK), known as kerosene, hit an alltime high price of N600 per litre at the weekend, worsening the pains of over 30 million households who depend on the product for cooking. In its place, millions of poor Nigerians who use it for their stoves, lanterns, and other purposes, are now seeking alternatives to the very important and most commonly used petroleum product. They have now resorted to the use of charcoal, firewood and polythene bags to make fire to cook for their homes. More fortunate Nigerians use gas cookers, even though the price of gas has also been on the rise. The scarcity hit major cities across the country, with most retail outlets in Abuja , Lagos, Ogun, Oyo, Osun, Enugu, Akwa Ibom, Kano, Kaduna and Abia states going out of stock. The Liquefied Petroleum Gas (LPG), known as cooking gas, also remained high at the weekend selling at N320 per kilogram. A survey by the OTL, organisers of Nigeria ’s biggest downstream seminar and exhibition, showed that over 30 million Nigerian households use kerosene for cooking and for light as well as fuel for local lanterns. The scarcity of the product, checks by New Telegraph revealed at the weekend, worsened with the product selling between N200 and N600 per litre nationwide, depending on proximity of the area to Lagos, where the loading depots for the product are situated. DPK has been deregulated and majority of marketers, who hitherto reduced importation of the product, this newspaper gathered , have now halted importation due to difficulty in accessing foreign exchange. “ The shutdown of refineries that produce DPK through which the market is augmented , is another major problem, ” a marketer told a reporter.
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Posted: at 25-07-2016 02:42 PM (7 years ago) | Addicted Hero
TOMYONBORN at 25-07-2016 09:14 PM (7 years ago) (m)
They wanted buhari now they have buhari, they should all face the music..As an igbo man, i strongly beliv obasanjo was far better than goodluck and this useless fool buhari..
Posted: at 25-07-2016 09:14 PM (7 years ago) | Upcoming
waytoheaven at 26-07-2016 03:44 PM (7 years ago) (m)
Quote from: slimmygal on 26-07-2016 10:41 AM
i know one day one day, e go better
Slimmy, do u remember that song,I know one day one day,one day e go beta, do u knw dat the pikin dem born dat time don dey give woman belle and d girl dem born then self don dey carry belle sha. Maybe make we no dey hope for dat one day as d more we wish d more the old fools prayas is been accepted and they cont. Looting bcos deep down them dey say this citizen still dey sleep. Well Nelson mandella in is blessed memo,said the day Nigerian stand up to fight for their rite,that's when we will get freedom , and he's really rite
Posted: at 26-07-2016 03:44 PM (7 years ago) | Upcoming