Archive Kerosene is N150 Per Llitre from NNPC Depots -...

Kerosene is N150 Per Llitre from NNPC Depots – NUPENG

-

- Advertisment -
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) says the Nigeria National Petroleum Corporation (NNPC) has fixed N150 per litre as the official depot price of kerosene.
Alhaji Tokunbo Korodo, the South-West Chairman of the union, disclosed this in an interview with the News Agency of Nigeria (NAN) in Lagos on Saturday.
According to him, the price will encourage more importation of the product by the marketers.
He said that most of the filling stations selling kerosene between N200 and N220 as the pump price was as a result of additional money on transportation of the product and some other levies paid by marketers.
The chairman said that at present, NNPC was the only importer of kerosene and was using private depots to sell the product.
“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,’’ he said.
 
(NAN)

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Let’s Record Zero Crime During Your Stay – Yahaya Bello Tasks New Army Commandant

Kogi State Governor, His Excellency Yahaya Bello has charged the new Commandant of the Nigerian Army Records, Chari Megumeri...

Our Security Template Focuses On Communal Collaboration, Honesty, Synergy – Gov. Bello

….says he doesn’t visit Abuja for solution to security challenges Kogi State Governor, Yahaya Bello has revealed that the successes...

2021 World Education Day: ActionAid Nigeria Calls For Increase Allocation To Education From 15% – 20%

As the World marks the 2021 International Education Day, a Non-Governmental Organization, (NGO), ActionAid Nigeria, has called for an...

COVID-19: Bill Gates backs Yahaya Bello’s position on need to invest in healthcare

Mayowa Adeniran|  The recent position of one of the world's richest, Bill Gates, has corroborated the agitations of Kogi State...

JONAPWD-LAGOS Commends Sanwo-Olu For Restoring Disability Empowerment Fund

Kenneth Afor |  The Joint National Association of Persons Living With Dissabilities (JONAPWD ) in Lagos state has commanded Babajide...

Groups Call On Judicial Panels Of Inquiry To Dispense Justice On Victims, Survivors Of Police Brutality

Kenneth Afor | The Network on Police Reform in Nigeria (NOPRIN) and Centre for Law Enforcement Education (CLEEN Foundation) has...

Must read

Let’s Record Zero Crime During Your Stay – Yahaya Bello Tasks New Army Commandant

Kogi State Governor, His Excellency Yahaya Bello has charged...

Our Security Template Focuses On Communal Collaboration, Honesty, Synergy – Gov. Bello

….says he doesn’t visit Abuja for solution to security...
- Advertisement -

You might also likeRELATED
Recommended to you

%d bloggers like this: