Home | NEWS | Economy | NEW PRICE FIXED FOR KEROSENE

NEW PRICE FIXED FOR KEROSENE


The Nigerian National Petroleum Corporation (NNPC) has fixed a new price for kerosene.

This was made known by Alhaji Tokunbo Korodo of the south Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) while speaking to News Agency of Nigeria on Saturday.

According to him, “The NNPC has fixed N150 per litre as the new depot price of kerosene and has directed all its depots and private depot to comply with the directive.”

“This did not include the transportation of the product or several levies and bank interests paid by marketers.”

“Consequently, marketers will now add all these expenses to the depot price to arrive at N190, N200 or N220 depending on their locations.”

“The advantage of this is that it will open door for more marketers to commence importation of kerosene just like petrol.”

Credit: NAIJ 

 


YOU WILL LIKE THIS   WHAT IS YOUR CALLING WORTH?

About Chukwuemeka Azubuike

Architect, Construction Manager, Writer, Blogger and a Blogger’s Writer

Check Also

Dr Ibe Kachikwu came out to say that it was distressing that his letter to the President was leaked and one wonders why he should be. Why should he write a letter secretly in the first place concerning that concerns Nigerians, public trust, commonwealth and public institutions?

NNPC: IBE KACHIKWU, BARU AND PMB

Nigeria is one country that every week comes up with one drama or the other; …

Leave a Reply

Your email address will not be published. Required fields are marked *