Business Rano of Kano Slashes Kerosene Price to N110 Per Litre

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Nigeria- Alhaji Auwalu Rano, a major independent petroleum marketer in Kano, has slashed price of kerosene from N140 to N110 per litre following the current crash in global oil prices.

The Manager, A.A Rano Petroleum at Yankaba, Kano, Alhaji Lawal Sabo, said the company has directed all its subsidiary filling stations across the country to sell the commodity at uniform rate.

``’The company decided to reduce the price to the present rate in order to conform with the prevailing trend.''

He expressed the hope that other marketers would emulate AA Rano, to alleviate the sufferings of the common man particularly rural dwellers, for them to get the commodity with ease.

Checks showed that prices of kerosene had gone down across the state following the improvement of its supply in the state.

Other filling stations have also reduced their prices from N150 to between N125 and N130 per litre.

However, black marketers have also slashed their prices from N175 to N150 per litre, saying they did so because they bought the commodity from filling stations at cheaper rates.

#Nigeria #Kano #Rano

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