Business
Petrol Price Hits N200 Per Litre
A litre of petrol now costs N200 or more per litre in the black market.
Desperate users of the product who could not buy from the filling stations due to the scarcity hitting many cities of Nigeria, including Port Harcourt, now have no option than to buy from the black markets.
“Since one can’t find any to buy from the filling stations, the only alternative is to buy from the black market,” said Clarice Chinonye.
Chinonye who runs a hotel in Port Harcourt lamented that the cost of providing services to customers has increased and the only way was to make do with what is available.
Joseph Atali, a taxi driver, confirmed that black market has become the only way out. “You can’t expect me to go to filling stations and spend all the precious hours without even buying at last,” Atali said, adding that he only operates during peak hours when he is sure that he can recover the high cost of the fuel he spent on.
“But why is it that the product is available at the black market and not in the filling stations,” asked Atali.
Black Amadi, one of the black marketers said “to buy from source, you have to tip the filling station attendants before they sell to you.” The tip you pay is not accounted for, so that is their attraction,” Amadi said.
He further explained that it takes so much pains to even buy but that of one is lucky to get, it is a good business because of the way people crave for it.
He hinted that if the problem continuous, the danger of mixing the product might set in, in view of the high demand.
Chris Oluoh
Business
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Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
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