Femi Otedola of Forte Oil Reduces Kerosene Price to N50

              

Billionaire and Oil Magnate Femi Otedola of Forte oil has announced  his filling station nationwide will commence selling kerosene at N50 per litre,
A decision he took  in line with President Buhari vision to reduce the suffering of Nigerians,it was he that also exposed shady oil marketer who sell kerosene as aviation fuel also known as Jet A1 fuel to international and local airlines.

The Forte Oil boss reveals that while HHK is sold by the Pipelines and Products Marketing Company (PPMC), an arm of the Nigerian National Petroleum Corporation (NNPC) at the regulated price of N40.90k with the objective of selling to the average Nigerian at the pump price of N50 per litre, major HHK dealers sell the product to poor Nigerians at the pump price of N125 per litre. 
 A development is attributed to the emergence of mushroom marketers who are desperate to make a killing by selling kerosene as Jet A1 fuel to major local and international airlines at the pump price of N140/litre or even higher
This reduction will send a message to oil marketers across the nation.