Business
‘Petrol Still Sells Above N120 In Rivers’
The much desired end to
hike in the price of Premium Motor Spirit (PMS) or petrol in Rivers State appears not to be in sight as marketers have undermined all strategies adopted by the government to ensure that they resort to the official pump price of N86.50 per litre.
Our correspondent who monitored the sales of the product in some filling stations in the state at the weekend reported that in most of the stations visited, the least obtainable price per litre is N120.00.
Our correspondent said only the mega station owned by the Nigeria National Petroleum Corporation (NNPC) and few of the major marketers sell at the normal price.
Ekechukwu Mgbeoji, a taxi driver said, it is only NNPC mega station that sells at N86.00 per litre. The other major marketers as Total and Conoil sell at the regulated price also but most times, they hoard the product. They sell to black marketers at higher prices in the odd hours and claim they have no products to sell to us in the day time.”
Following public outcry by residents of the state, the Rivers State Government had set up a task force to monitor the alleged fraudulent activities of marketers in the state.
The taskforce team was announced last week by the Commissioner for Energy but attempts to get in contact with the team leader could not yield result.
An attendant in one of the stations who pleaded anonymity said,” as long as we do not get the product from the depots at the official price, it would be wrong to expect us to sell at the N86.50 and still remain in business.
“Let the action begin from the depot and if it is gotten right there, every other aspect would be okay”.
Chris Oluoh
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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