AIRLINK 69.20 Decreased By ▼ -3.86 (-5.28%)
BOP 4.90 Decreased By ▼ -0.19 (-3.73%)
CNERGY 4.26 Decreased By ▼ -0.11 (-2.52%)
DFML 31.25 Decreased By ▼ -1.20 (-3.7%)
DGKC 77.25 Increased By ▲ 1.76 (2.33%)
FCCL 20.00 Increased By ▲ 0.48 (2.46%)
FFBL 35.00 Decreased By ▼ -1.15 (-3.18%)
FFL 9.12 Decreased By ▼ -0.10 (-1.08%)
GGL 9.80 Decreased By ▼ -0.05 (-0.51%)
HBL 112.76 Decreased By ▼ -3.94 (-3.38%)
HUBC 133.04 Increased By ▲ 0.35 (0.26%)
HUMNL 6.95 Decreased By ▼ -0.15 (-2.11%)
KEL 4.23 Decreased By ▼ -0.18 (-4.08%)
KOSM 4.25 Decreased By ▼ -0.15 (-3.41%)
MLCF 36.60 Increased By ▲ 0.40 (1.1%)
OGDC 132.87 Decreased By ▼ -0.63 (-0.47%)
PAEL 22.64 Increased By ▲ 0.04 (0.18%)
PIAA 24.20 Decreased By ▼ -1.81 (-6.96%)
PIBTL 6.46 Decreased By ▼ -0.09 (-1.37%)
PPL 116.30 Increased By ▲ 0.99 (0.86%)
PRL 25.90 Decreased By ▼ -0.73 (-2.74%)
PTC 13.08 Decreased By ▼ -1.02 (-7.23%)
SEARL 52.00 Decreased By ▼ -1.45 (-2.71%)
SNGP 67.60 Increased By ▲ 0.35 (0.52%)
SSGC 10.54 Decreased By ▼ -0.16 (-1.5%)
TELE 8.28 Decreased By ▼ -0.14 (-1.66%)
TPLP 10.80 Increased By ▲ 0.05 (0.47%)
TRG 59.29 Decreased By ▼ -4.58 (-7.17%)
UNITY 25.13 Increased By ▲ 0.01 (0.04%)
WTL 1.27 No Change ▼ 0.00 (0%)
BR100 7,409 Decreased By -52.4 (-0.7%)
BR30 24,036 Decreased By -134.9 (-0.56%)
KSE100 70,667 Decreased By -435.6 (-0.61%)
KSE30 23,224 Decreased By -170.8 (-0.73%)

COTONOU: At least 34 people died in Benin near Nigeria’s border on Saturday when a contraband fuel depot exploded into flames, sending up a black cloud of smoke into the sky and leaving dozens of charred bodies at the site, a government official and residents said.

The blaze erupted at a warehouse for smuggled fuel in the southern Benin town of Seme Podji, where cars, motorbikes and tricycle taxis came to stock up on fuel, according to local residents.

Nigeria is a major oil producer and fuel smuggling is common inside the country and along its borders, with illegal refineries, fuel dumps and pipelines sometimes causing fires.

“I am still in shock. We heard people screaming for help. But the intensity of the flames was too much for people to try to approach,” said Innocent Sidokpohou, a local carpenter.

“I got gas for my motorbike to go do my shopping. I left and barely five meters away I heard an explosion. When I turned around it was all black smoke.”

Benin’s Interior Minister Alassane Seidou told reporters a serious fire had ocurred in the town, but did not give details about exactly how it had happened.

“Unfortunately we have 34 deaths including two babies. Their bodies are charred because the cause of the fire is smuggled fuel,” the official said.

The minister said another 20 people were being treated in hospital, including some in serious condition. “I live not far from the tragedy,” said Semevo Nounagnon, a local bike driver.

“I can’t really give you the cause of the fire, but there is a large gasoline warehouse here and cars, tricycles and motorcycles come from morning to evening.”

For decades, Nigeria’s low-cost subsidised gasoline was transported illegally by road to neighbouring countries, primarily Benin, where it is resold on the black market by informal sellers.

When he come to office in May, Nigeria’s President Bola Ahmed Tinubu abandoned the long-standing subsidy meant to keep petrol prices artificially low for Nigerians.

The subsidy cost the government billions of dollars a year and Tinubu made it his first of a series of reforms aimed at revamping Nigeria’s economy and attracting more investment.

That decision caused a tripling in petrol prices in Nigeria, but also impacted the price of black market fuel smuggled over the border into Benin and other countries.

Nigeria’s subsidy decision illustrated Benin’s deep economic dependence on its giant neighbour, with 215 million inhabitants, the continent’s largest economy and status as one of Africa’s top oil producers.

Comments

Comments are closed.