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Infos Business of Thursday, 6 November 2014

Source: Investir au Cameroun

Far North: A litre of petrol as high as 2000 FCfa

In Yagoua, a village in the region of the Extreme North of Cameroon, a litre of super cost 1500 Cfa francs, instead of the 650 Cfa francs approved by the State. At Kousseri, Cameroon border town in Chad, the same quantity of the product is sold at 2000 francs Cfa.

The city of Maroua, capital of the region of the far North, is no exception. In addition to it being gridlocked in case of availability of petroleum products which is rare, service stations now give to traders, who fill cans of super to sell at retail prices in the neighbourhoods.

The origin of this situation is the scarcity of fuel smuggled from Nigeria, because of the strict measures taken by the Cameroonian authorities on the borders, in the context of the fight against the terrorist sect Boko-Haram.

Indeed, in the region of the far North, gas stations are generally deserted at normal times when people prefer to buy "zoua zoua", the cheap smuggled fuel, from Nigeria. A litre of this is generally sold to 200 Cfa Francs, against 650 Cfa francs in service stations.