Oil & Energy
Epileptic Power Supply Pushes Kerosene Price Higher
Alleged artificial scarcity
of Kerosene has pushed the price of the product up from N90.00 per bottle to N140 at the retailers’ table.
Some retail dealers of the product who spoke to The Tide in Port Harcourt, Friday, accussed member of the independent Marketers of frustrating the free flow of the product at both Warri and Port Harcourt refineries.
“Today a litre of the product has jumped from N98.00 to N130.00,” said a Port Harcourt dealer who pleaded anonymity.
The lady dealer explained that the Independent Marketers who are mounting influence on the supply of the product at both refineries would not allow both refineries to supply simultenously as expected, thereby causing artificial scarcity.
“If the Warri Refinery is supplying, the cartel makes sure Port Harcourt Refinery does not and vice versa,” she disclosed.
Collaborating his colleague, another dealer, who identified himself simply as Mr Johnson said the cartel in the independent marketers appear to be collaborating with some insiders in the two refineries and appealed to the federal government to investigate the scarcity situation for the interest of the masses which should override that of a clique in the independent marketers fold.
Ms Blessing Ajoku, a mother of two told The Tide that price of the product has been on steady rise in Port Harcourt.
Three weeks ago, we were buying N110.00 from retailers but it had continued to add N10.00, N20.00 and today buy N140.00 and at some places they charge N150.00.
She regretted that the unchecked situation has brought hardship on the masses. Ajoku described it as a shame that in Rivers State where much of the petroleum products come from suffer such a plight and urged President Goodluck Jonathan to come to the rescue of the masses.
Some petrol station attendants who spoke to our correspondent in Aba Road and Ikwerre Road said their problem was not that of price but getting the supply.
“For over two months, we have not sold a litre of Kerosene here because we don’t get supply,” said one of the attendants.
Chris Oluoh
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Delta Targets 120MW Power Boost, Moves To Cut Reliance On National Grid
The State Commissioner for Works (Rural Roads) and Public Information, Charles Aniagwu, disclosed this at a press conference in Asaba, weekend, noting that the initiative was part of wider reforms aimed at opening up the power sector to private investors.
Aniagwu, who was accompanied by the Executive Assistant to the Governor on New Media, Felix Ofou, said the state was exploring alternative sources of electricity to support businesses, households and communities while reducing pressure on the national grid.
He said the government was particularly interested in exploiting Delta’s abundant natural gas resources for power generation, pointing to the Kwale Free Trade Zone, which is part of the state’s special economic zone, as a major opportunity for investors.
According to him, prospective investors were taken to the zone during the state’s recent economic summit to enable them to assess the availability of gas as a key raw material for electricity generation. ComparePower Rates
The commissioner explained that generating more electricity locally would not only increase supply in Delta but also free up power on the national grid for use by other consumers.
Aniagwu cited the 8.5MW Independent Power Plant located behind the state secretariat in Asaba as an example of what could be achieved through alternative power sources.
He said the facility had enabled the secretariat complex to operate independently of the national grid, thereby making the electricity that would otherwise have been consumed there available to other users.
He added that the planned 120MW partnership with Supply Power would further strengthen the state’s electricity supply capacity and provide a more reliable power base for small and medium-sized enterprises.
Aniagwu said the state government was also intervening in areas traditionally regarded as the responsibility of electricity distribution companies because inadequate power supply could no longer be allowed to constrain economic development. LearnQuantum Physics
He identified the extension of the electricity grid from Abraka towards the Ndokwa axis as one of the interventions being undertaken to connect more communities to electricity.
The commissioner, however, raised concerns over the burden placed on communities that are often required to provide transformers and other electricity infrastructure, only for distribution companies to take over the facilities and subsequently collect electricity bills without adequately accounting for the investments made by the communities.
He said the state would continue to support efforts aimed at energising communities, noting that improved electricity supply would stimulate businesses, create jobs and help tackle social problems associated with unemployment and idleness.
On regulation, Aniagwu said the government was working with the Ministry of Energy and a committee set up to develop an appropriate regulatory framework for the state’s emerging power sector. SwitchEnergy Plans
He said the proposed energy commission would be responsible for regulating new electricity producers, determining appropriate tariffs and overseeing distribution networks.
The commissioner stressed that liberalising the sector required effective regulation to protect consumers and investors, adding that decisions on power distribution infrastructure, including the use of overhead or underground lines, must take into account the peculiarities and safety requirements of each location.
He warned that power expansion without adequate regulation could expose residents to electrocution and other hazards, stressing the need to protect electricity infrastructure while ensuring consumers were not subjected to unfair pricing.
Aniagwu said the state government’s broader objective was to build an efficient and sustainable electricity market driven by private investment and capable of powering businesses, households and communities across Delta State.
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