Femi Otedola sells “Buhari Kerosene” for N50 per litre.
Nigerian business tycoon, Femi Otedola, has directed his filling stations (Forte Oil) to start selling kerosene at the price of N50 per litre. The kerosene which Otedola labelled “Buhari Kerosene”, is currently being sold at Forte filling stations across the country.
The gesture is seen as Femi Otedola’s attempt to consolidate President Buhari’s plan to alleviate poverty in Nigeria. And as a result of the low price of “Buahri kerosene”, reports have it that long queues have appeared at the filling stations.
The boss of Forte Oil also revealed the activities of some oil dealers who sold kerosene as airline fuel to airline operators. he disclosed that;
This illicit act has been identified as the major factor contributing to the rising cost of kerosene in the country and may also be the cause of some of the air mishaps we have encountered in the country in recent times.