In Nigeria, the ebb and flow of crude oil exports paint a complex picture of the gasoline market. Despite the continuous influx of millions of barrels of refined crude oil, the price of gasoline in Nigeria seems as unpredictable as the Nigerian Naira. This article delves into the details of the current gasoline prices, its common uses, and essential safety tips for storage.
Understanding Gasoline in Nigeria
Gasoline, or premium motor spirit (PMS), fuels the internal combustion engines that power vehicles, generators, and industrial machinery. The surge in vehicle numbers on Nigerian roads and the erratic power supply have contributed to the high demand for gasoline. Its uses extend to powering road transport vehicles, generators, and various industrial equipment.
Common Uses of Gasoline in Nigeria
- Powering Vehicles: Gasoline is crucial for internal combustion engines in cars, buses, vans, motorbikes, and even some types of trains.
- Powering Generators: With power supply issues, generators have become ubiquitous in Nigerian homes, relying on gasoline for operation.
- Powering Industries: Industries in Nigeria often use gasoline to generate electricity for their equipment. Professionals like vulcanizers and welders also rely on gasoline to power their tools.
Price of Gasoline in Nigeria
As of now, the official pump price for gasoline in Nigeria is 145 Naira per liter. However, in some states, it can be as high as 155 Naira. Prices can vary among gasoline stations, with some selling at the official rate and others inflating prices. Availability also influences prices, with southern regions generally offering cheaper rates compared to the north.
Safely Storing Gasoline
For those looking to buy and store gasoline, safety is paramount. Here are essential steps to ensure proper and safe storage:
- Use the Appropriate Container: Choose a strong container with spill-proof caps. Yellow or black containers are preferred in Nigeria, and it’s advisable not to store large amounts in one room.
- Keep the Container Upright in a Shaded and Stable Location: Store gasoline in a well-ventilated space away from the home, ensuring it’s not exposed to direct sunlight or other sources of heat to prevent fire hazards.
Disposing of Gasoline
Gasoline has an expiration date, and improper storage can hasten this process. Here’s how to determine if it’s time to dispose of gasoline:
- Perform a Comparison Test: Pour a sample into a bowl and compare it with fresh gasoline. If signs of oxidation, such as dark coloration, are evident, it’s time to dispose of it.
- Proper Disposal: To avoid contaminating water sources, contact the waste management agency in your locality for guidance on safe disposal methods.
Conclusion:
Understanding the nuances of the gasoline market in Nigeria, from prices to usage and safety, is crucial for both consumers and businesses. By adhering to safety measures and staying informed about market dynamics, individuals can navigate the fluctuations in gasoline prices and ensure a secure and efficient supply for their needs.