REPS BLAME SCARCITY OF KEROSENE ON NONE INVOLVEMENT OF MICRO FINANCE BANKS

House of Representatives committee on petroleum resources (Downstream) has advocated the use of Micro Finance Banks to end scarcity of Kerosene in the country. The committee expressed worry over the scarcity of the product and urged the major stakeholders in oil and gas industry to ‎involve micro finance banks across the country in distribution of […] Reps blame scarcity of kerosene on none involvement of Micro Finance Banks

dailypost.ng (Date:08/13/2017 18:36) Read full article >>

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Finance: Finance is the science[citation needed] of funds management, or the allocation of assets and liabilities over time under conditions of certainty and uncertainty. A key point in finance is the time value of money, which states that a unit of currency today is worth more than the same unit of currency
Micro: Micro is a word that comes from the Greek , meaning "small". It can be used to indicate a smaller than average scale , as opposed to prefixes mega and macro, which can be used to indicate a larger than average scale.
Reps: Reps is a village in the Mirdit District, Lezh County, northwestern Albania. The seat of the municipality is the town of Reps. The Vandrushen chromium mines are 4 km outside of the village centre.
Kerosene: Kerosene is a combustible hydrocarbon liquid. The name is derived from Greek: meaning wax. The word "Kerosene" was registered as a trademark by Abraham Gesner in 1854, and for several years, only the North American Gas Light Company and the Downer Company were allowed to call their lamp oil "Kero