Business
Kerosene Scarcity Hits Yenagoa …Sells At N132 Per Litre
Residents of Yenagoa,
the Bayelsa State capital are facing hardship in procuring kerosene in the area.
The Tide gathered that black marketers now sell a litre of kerosene N133.00 as against the official price of N50.00.
Our source said though products are available at the Nigeria National Petroleum Corporation (NNPC) Mega station in Yenagoa, but official prefer selling to particular people who in turn sell to consumers at exorbitant prices.
According to the source, such trading activities even take place in the premises of the filling station in the presence of the public and full glare of security officers.
The racketeers alleged to be selling 20-litre gallon to retailers between N3,000 and N3,500.
Kerosene is said to be out of stock in most filling stations in the city, a situation that is frustrating socio-economic life in the state capital.
Some residents who spoke to the press appealed to officials of NNPC to come to the aid of the people by unraveling the causes of the artificial scarcity and attendant high cost of the product.