KENYA HIKES FUEL PRICES BY 6% FOLLOWING LINGERING MIDDLE EAST TENSIONS. (PHOTO).

Image
 Kenya hikes fuel prices by 6% following lingering Middle East tensions Kenya raised the maximum retail prices of petrol and diesel on Wednesday, the energy regulator said, citing higher import costs linked to the conflict in the Middle East. The east African nation hiked petrol prices by 6% and diesel prices by 4.5% as it relies on the Middle East region for nearly all of its fuel supplies. A litre of diesel will cost 227.76 Kenyan shillings ($1.76) in the capital city of Nairobi, from 217.86 shillings, while kerosene will rise to 219.87 shillings from 191.38 shillings between October 15 and November 14, when new prices will be announced, TRT Afrika reported. The energy regulator said the government extended a reduction in value-added tax on fuel to 8% from 16% until January 14. Fuel prices affect multiple sectors including transport, agriculture and construction.

IFITE SCHOOL GATE BOOMS AS STUDENTS AND TRADERS REAP BENEFITS FROM RISING COMMERCIAL ACTIVITIES. (PHOTO) . #PRESS RELEASE


 IFITE SCHOOL GATE BOOMS AS STUDENTS AND TRADERS REAP BENEFITS FROM RISING COMMERCIAL ACTIVITIES


By Ofem Gift and 

Ekene Favour 


 The growing number of traders operating around Ifite school gate in Awka is easing daily life for Nnamdi Azikiwe University students while creating new business opportunities for local sellers.


The roadside market provides students with convenient access to food, snacks, toiletries, stationery and other essential items, reducing the need to travel to distant markets for everyday purchases.


Some students said visiting Ifite First Market, Ifite Second Market or Eke-Awka Market often requires transportation money, making nearby sellers a cheaper and more convenient alternative.


Speaking to our correspondent, Nnamdi Azikiwe University student, Chidinma Okafor, said the nearby shops save her time and transportation costs, especially when she needs something urgently.


 Another student, Daniel Eze, explained that traders around the gate have become useful because students can quickly purchase food and other necessities between lectures without leaving campus premises.


 One seller, Mrs. Ngozi, said business has improved since she started selling around the school gate, adding that students constitute most of her customers each day.


 Another trader, Mr. Emeka Obi, said the student population has created steady demand for his goods, noting that sales have remained encouraging because customers frequently return for daily needs.


The traders said the busy student environment has helped their businesses grow, while students expressed hope that the area would remain orderly, clean and safe for everyone.


The development highlights the importance of convenient commercial services around student communities,as nearby traders continue meeting everyday needs while contributing significantly to economic activity within Ifite, Awka.

Comments

Popular posts from this blog

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).