NAN correspondent, who monitored sales of the product in the metropolis on Wednesday, observed that the prices have increased in most filling stations from N195 to N235 per litre, although the product is available in almost all fuel stations.
“Here in our fuel station, we sell kerosene according to how we bought it, so we did not increase the price because we feel like doing so,” he said.
He added that the product was sold for between N190 and N200 per litre before the recent price increase.
The manager expressed optimism that its availability would continue in spite of the price increase.
“Many buyers are lamenting over the increase of the product and they are afraid that scarcity of the product may set in.
“It is a surprise to them that it is now sold at the cost of between N235 and N240 at fuel stations, while at the black market it is sold for between N290 and N300,” he said.
Another resident, Mr Uzochukwu Nebo, said it was worrisome that the price of kerosene had increased.
He underscored the importance of both price reduction and product availability, saying this would go a long way in reducing the cost of the product and also, the inconvenience caused to families.