Hard Times!!! Price Of Kerosene Rises By 93% Across Some Major Cities In Nigeria

Do people still use Kerosene?
Kerosene scarcity continues to worsen across major cities in the country as the National Bureau of Statistics (NBS) reports on energy prices for the month of January indicated that the average price per litre paid by consumers increased to N433.84 throughout the month, representing 93.19 percent.
The NBS report made available to Daily Sun also explained that the commodity increased by 87.12 percent year-on-year and 93.19 percent month-on-month to N433.84 in January 2017 from N231.85 in December 2016.
The development may not be unconnected with the epileptic performance of the four refineries producing far below capacity utilisation, coupled with the inability of the state oil corporation to maintain consistent importation to augment local production.


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