A correspondent of NAN who went round the city of Kano on Monday, reports that while most of the filling stations remained closed, the few ones that were operating had long queues of vehicles.

Following the development, socio-economic activities have been partially paralysed, especially in the state capital.Black marketers in the city had started exploiting the situation by increasing their prices from N750 per four litre gallon to between N850 and N900 for the same quantity.


Commercial tricycle operators had also increased their fares from the usual N50 per drop to between N80 and N100 per, drop depending on the distance.

NAN recalls that the ugly trend started on Friday when Kano residents found most of the filling stations closed.The marketers were said to have closed the filling stations in anticipation of fuel price increase which had since been denied by the Federal Government.

The Chairman of Independent Petroleum Marketers Association (IPMAN), Alhaji Bashir Dan-Malam, could not be reached as his mobile phone was not going through.

Paul Jehzi, spokesman of the Department of Petroleum Resources (DPR) in Kano State, said a task force to check hoarding and sale of fuel above the approved price of N145 has been constituted.

According to him, the task force had started going round the filling stations to checking the excesses of some of the marketers who are bent on causing artificial scarcity in the state.

Source: http://gabrielatanbiyi..com.ng/2017/01/fuel-now-cost-n155-per-litre-in-kano.html

It's the marketers

The zoo.

We are getting there.

sarrki:
It's the marketers

Zombie oh Zombie eeyee


By Wizkid

Oh market forces besides 22 million population.

it better remain in kano

coz of mr 155 near south dem go flog am go back
bastard price increase from a bastard government

sarrki:
It's the marketers

Yes, they increased the landing price of products as they don't want Buhari to succeed in his government.


Good morning patriot. Your healing is on the way, stay calm.

Q

mykeljosef:
it better remain in kano


coz of mr 155 near south dem go flog am go back

bastard price increase from a bastard government

Who is the bastard?

Them don start o. Rather than go down e de rise. What happened to de over 70 licences granted to modular refineries? This govt sef. Baba why?

Kano should enjoy the change oooh.

sarrki:
It's the marketers

What exactly did the marketers do erh Egbon Sarrki?

Boleyndynasty2:
What exactly did the marketers do erh Egbon Sarrki?

E be like say you no dey Nigeria, though we practice free market economy, we have rogues organizing themselves into association of this and that sellers. And all they do is price fixing, pure water makers Union, pepper granders union, fruit sellers union, motor pack tout union, tailors union, palm oil sellers union, oporoko and crayfish union, the list of these funny unions are endless and for your information, they were all set up to exploit the public through price fixing, I hope you understand.
This is the reason price goes up and never come down.
These evil set up controls the supplies of goods and make sure there aren't too much of these goods in the circulation, hence the high price.