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LOOMING HIKE IN PRICES OF PETROLEUM PRODUCTS





Queues have started resurfacing at some filling stations in Akure,  the ondo state capital as some filling stations locked their gatest and turned back against motorists


According to information gathered from some of the petrol dealers at the filling stations,  who preferred to be anonymous,  said a situation is coming gradually that some filling stations will not be able to lift the products and forced out of market.


The dealers posit  that  the  situation presently, as they are lifting the product, premium motor spirit ( PMS ) known as petrol at #142 per liter,  leaving just a margin of #3  to bear all other cost like  haulaging , staff, maintanance and related ones on the little gain can not work.


While the dealers argued that federal government should quickly intervein on the matter to prevent another round of  hike in price of petrol in the country.


A similar situation is the current hike  in prices of kilogrammes  of cooking gas that has recently went up drastically, leaving many housewives to result to charcoal  and firewood as substitute for the gas.


At many of the gas filling points visited, the story is the same. A cylinder of  12.5kg that filled  for #3,750 before now rose to #5,000 or more, while the student's  size gas of 5kg  is now #2,750 or more. Meaning a kilogramme of gas now sold for #400 per kilogramme 


Mrs Mojisola Omotosho, a house wife complained bitterly on this development,  calling on federal government to rise to the occasion,  by making the necessary moves at addressing the hardship currently been faced by the citizens. 


She noted that Nigerians as a country ought to have get out of age of using firewood to cook, that the cooking gas should have been piped to different communities like the way electricity is been distributed across the country, while every household pay for such services, instead  of  wasting the gas by flaring it, yet still sell to the citizens at high prices.


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