By Toyin Durosinlohun, Ilorin
Residents of Ilorin, the Kwara State capital are groaning as a litre of kerosene reaches a record high of N260.
The price of kerosene had jumped from its pre-Christmas price of N190 to N260.
A visit to a filling station on Fate Road, Ilorin showed that the litre of kerosene was dispensed at N260 as a fuel attendant at the station attributed the development to exchange rate and scarcity of forex.
He said it was becoming difficult for petroleum marketers to cope with the situation, adding that the only option left was to sell the commodity in accordance with the dictates of the inflation.
“People have been coming here and each time we tell them that a litre of kerosene is N260, they will just ask why is it that the price has gone high. They have forgotten that we sell in line with what we got in the market.”
He added that “We can’t just sell because we want to make money. It is no longer news that people are passing through hard time, and it is unfair to add to the problem.
“As you can see, the exchange rate has become very scarce and it is getting worse daily. And it is from this money that dealers used to import kerosene into the country.”.
Other stations visited along Muritala Mohammed Way, New Yidi Road and Asa-Dam Road, all in Ilorin showed that there was no difference in the price of the commodity.