Nigerian oil tycoon, Femi Otedola, has decided to collapse the price of kerosene by over 50% for people who buy from him, Express.ng claims.
The Forte Oil Chairman, has reportedly affirmed his decision to begin sale of House Hold Kerosene (HHK) at the rate of N50 per litre.
The kerosene which he fondly dubbed ‘Buhari Kerosene‘ will begin sale at all his fuel stations across the country.
This is in furtherance of his decision to identify with President Muhammadu Buhari’s bid to ameliorate the hardships faced by millions of Nigerians daily.
The Forte Oil boss had recently blown the lid off the activities of shady characters in the oil sector whom he blamed for selling House Hold Kerosene (HHK) as Jet A1 fuel, also called Aviation Turbine Kerosene (ATK), to airline operators