Niger Delta
Asaba Residents decry Persistent Kerosene Scarcity
Residents of Asaba, the Delta State capital, have decried the continued scarcity of kerosene and its attendant high cost in the city.
Our correspondent reports that households in the city and its environs have been experiencing scarcity of the commodity for more than three years.
The situation had led to exorbitant cost of the product, which was currently being sold at between N120 and N150 per litre at few filling stations selling the commodity.
Our investigation revealed that the development had boosted black market operations because filling stations hoard the item from the public and sell to black market operators.
At the black market spots, a litre of the product sells for between N160 and N180.
In the circumstance, most families have resorted to supplementing kerosene with firewood, which they get from scavenging construction sites and farms as well as patronising wood dealers from neighbouring villages.
A bundle of wood sells for between N100 and N300 depending on its size, as against its previous rates of N50, N80 and N120.
Residents who spoke to newsmen on the issue, accused petroleum marketers of sabotaging government’s efforts by selling kerosene and other products above regulated prices.
They were also of the opinion that the marketers create artificial scarcity in order to exploit the people and advised the government to set up different teams to constantly monitor the supply and sale of the product.
A house wife, Mrs Grace Anyasi told newsmen that the “frustrating situation” had forced her to resort fully to the use of firewood.
“Before now we can walk into a filling station and buy the product but now even with the price at N120 or N130 depending on the filling station, the product is not readily available.
“I am a mother of five and a civil servant and for me to cope I have resorted to the use of firewood. At least, it’s available and we can source them from ongoing building sites,’’ she said.
A restaurant operator, Mrs Eunice Abanom, said that she would have been operating at a huge loss if she had depended on kerosene for cooking.
“I get my regular supply of wood from Okpanam and other villages. I have customers who do not fail in making the supplies; all I do is just to contact them and the firewood will be here.
“I only use kerosene at home for lantern and I buy that at black market price of N150 per litre from the Ogbeogonogo market,’’ she said.
News
China Alerts Rivers, A’Ibom, Abia Govs To Economic Triangle
The Mayor of Housing, My-ACE China, has alerted the Governor of Rivers, Akwa Ibom, and Abia states to what he calls an emerging ‘Economic Triangle’ within their states.
Mr China, a real estate success strategist who has won numerous local and international awards, has thus drawn the attention of the governors of the concerned states to the emerging development and has urged them to intentionally accelerate the emergence of the economic triangle.
Speaking to newsmen in Uyo, Akwa Ibom State capital at the conclusion of his business trip to the state, Mr China, who is the managing director of the Housing and Construction Mayor Limited, said the envisaged economic corridor would compete favourably with the Lagos economic hub or even better.
He said: “Talking about ‘Economic Triangle’, the only place that can wrest economic power from Lagos is Akwa Ibom, Abia, and Rivers states axis or corridor. This corridor contains more than Lagos has, if they can be interconnected with smooth roads, ports, and if their blue potentials are unlocked. They will not only wrest power from Lagos but would be more lucrative.”
The investor who is behind the emerging Alesa Highlands Green Smart City in Eleme, near Port Harcourt, said the new ‘Economic Triangle’ has a bigger potential due to massive land assets with the corridor plus blue economy and the existing hydrocarbon industry.
Explaining, Mayor of Housing said Aba (Abia State) provides the biggest fabrication capacity in West Africa to supply goods to the Gulf of Guinea; Port Harcourt provides access to the Gulf of Guinea for off-taking Aba products, and the Uyo provides deep sea port at Ibaka and international airport facilities as well as forest reserves for massive agro-economy.
He said with sea ports in Rivers State and deep seaport in Akwa Ibom, and international airports in Rivers and Akwa Ibom, Aba can focus on adequate power supply and fabrication boom to supply a new booming market around the economic triangle.
By doing this, he said, jobs would spill out in huge quantities and more manufacturers would be drawn from all over Africa to boost the fast coming African Continental Free Trade Agreement (AfCFTA). He said Nigeria would thus have two major trade nodes in West Africa; Lagos and the PH/UYO/Aba triangle.
He said goods going to or coming from Chad, Niger, and the rest of Central Africa can head to the Lagos ports or to the Ibaka/PH ports zone in the new economic triangle.
He said with power supply made stable, good roads, excellent security system, and ease of doing business enthroned in the zone, the South-South and South East would become the biggest economic nerve in the near future.
Mayor of Housing called on governors of the three states to be intentional about the new corridor, put away political differences (if any), and create this corridor by agreeing on projects each state would execute with a short period of time so the states would be linked by good roads, communication, security, trade laws, concessions to investors, etc.
He remarked that northerners were already heading to the Onne Port in Rivers State to export goods, saying creating a commission to oversee the development of the ‘Economic Triangle’ would fast-track its emergence.
He observed that people of the three states are peaceful and usually preoccupied with zeal for economic prosperity, saying that if they are linked to such huge opportunities staring at them in the emerging economic triangle, they would totally shun violence and focus on prosperity.
Mr China insisted that the emerging economic triangle would form a big node not only into the Gulf of Guinea economic zone but into Africa because AfCFTA is about production, certification, market availability, and easy transport nodes by sea and air. He said the new economic triangle boasts of all the factors.
“They can only realise this by working together, through collaboration. One state cannot do it but a triangle of the three will create it through seamless interconnection, ports, industrial park, etc. The people will be the richest and internally generated revenue (IGR) will be the biggest in the country,” he said.
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