2023 WAEC GCE English (Essay, OBJ & Oral) Answers [9th December]

Get Free Live 2023 WAEC GCE November/December (2nd Series) English Language (ENG) OBJ, Essay, Test of Orals Questions and Answers for Private Candidates Free of Charge | WAEC GCE Nov/Dec Free English Questions and Answers (Essay, OBJ & Test of Orals) EXPO Room (9th December, 2023).
WAEC GCE AUGUST/SEPTEMBER 2023 FREE ENGLISH LANGUAGE (ENG) QUESTIONS AND ANSWER ROOM [PRIVATE CANDIDATES]

2023 WAEC GCE ENGLISH LANGUAGE ESSAY (THEORY) ANSWERS | 9TH DECEMBER, 2023
B. 2023 WAEC GCE ENGLISH LANGUAGE OBJECTIVES (OBJ) ANSWERS | 9TH DECEMBER, 2023
C. 2023 WAEC GCE ENGLISH LANGUAGE TEST OF ORALS ANSWERS | 9TH DECEMBER, 2023
Saturday

Saturday, 9th December, 2023
English Language 2 (Essay) – 9:30am – 11:30am
English Language 1 (Objective) – 11:30am – 12:30pm



English Language 3 (Test of Orals) – 2:00pm – 2:45pm

A. 2023 WAEC GCE ENGLISH LANGUAGE ESSAY (THEORY) ANSWERS | 9TH DECEMBER, 2023
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B. 2023 WAEC GCE ENGLISH LANGUAGE OBJECTIVES (OBJ) ANSWERS | 9TH DECEMBER, 2023
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C. 2023 WAEC GCE ENGLISH LANGUAGE TEST OF ORALS ANSWERS | 9TH DECEMBER, 2023
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Accelerating inflation and the foreign exchange shortage in the country have been having adverse impacts on the businesses of oil marketers, OPEOLUWANI AKINTAYO writes

The country’s high inflation trend and scarcity of foreign exchange are beginning to take a serious toll on the businesses of oil marketers. They claimed that the cost of a truck of Premium Motor Spirit or petrol had risen by 268 per cent, since the government ended the subsidy regime on May 29.

The Chairman of the Independent Petroleum Marketers Association of Nigeria, of Satellite Depot, Akin Akinrinade told The PUNCH that inflation that resulted from the badly managed foreign exchange had pushed one truck of petrol from N7m in May to N25m currently.

“The forex has been badly managed and this has impacted on the landing cost of PMS, and by extension the pump price. The cost of doing business has also gone up astronomically. A truck of petrol that was N7m in May this year is now N25m,” he said.

According to Akinrinade, the downstream business has been unstable as a result of the high cost of products.

“Business is really unpredictable now. Bank lending rate is also very high, contributing to the high cost,” he said.

The PUNCH reported earlier this month that oil marketers were beginning to sell off their filling stations over scarcity of petrol, and their inability to afford products from private depots due to high cost.

Findings showed that the Nigerian National Petroleum Company Limited had cut down on product supply to IPMAN members due to scarcity, forcing many to sell off their stations to bigger downstream companies.

“If our members say they need about 100 trucks of petrol, what we get from NNPC would be five trucks, and it does not go round. Sin
that our members have major marketers to contend with. MOMAN sells at lower prices because they get products directly from NNPC. But our members have to buy from DAPPMAN at N616 per litre,” a source close to the matter told The PUNCH.

According to the source, IPMAN members are closing shop because they are running at a loss and cannot afford to buy products from DAPPMAN due to the high cost and lower patronage.

“The product is scarce to get, and even banks are unwilling to give us loans because they do not want their money to be tied down,” the source added.

The National Controller Operations of IPMAN told The PUNCH that members of the association were being sidelined and frustrated out of business.

“Your findings are true because our members are not getting products, and we are beginning to sell our stations because we can’t meet up with high prices of products at private depots. They are frustrating our businesses.

“For instance, the challenge that the satellite depot has was due to vandalism of the pipeline that brings product here. NNPC told us the pipeline had been repaired and that we would get the product but up till today we are yet to get the supply.

“But maybe things will be fine when the refineries finally begin production in December. But as we speak, we are not getting supply from NNPC and we can’t even afford products from DAPPMAN. And once this depot doesn’t get the product, you can be rest assured that the whole of Lagos and South-West will be affected,” he told The PUNCH.

A former Chairman of MOMAN and Chief Executive Officer, 11 Plc, during an interview, told The PUNCH that the removal of fuel subsidies by President Tinubu in May had caused an increase in prices of petrol, and would result in major downstream companies buying over smaller ones.

“Since there is no longer a subsidy, smaller companies would not be able to sustain their businesses, and would be bought over by bigger companies like ours,” he said.

The removal of the petrol subsidy by President Tinubu in May spurred the prices of petrol to skyrocket from N185 per litre to between N585 and N620 in Lagos State and its environs, and N700 and above in the North.

A source in the NNPCL, who anonymously, because he was not authorised to speak on the matter, told The PUNCH that the company was not under any obligation to supply products to other marketers since the downstream sector was deregulated.

“Whatever NNPC is doing now is to relieve the sector. The company is not under compulsion to supply the market. Petrol is now