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Monday, 8 August 2016

CURRENT AFFAIRS / ECONOMY:NNPC Now Sells Kerosine N150 Per Litre, Other Filling Stations to Sell for N220 Per Litre

Nigeria National Petroleum Corporation (NNPC) has fixed N150 per litre as the official depot price of kerosene. This was confirmed by Tokunbo Korodo, the South-West Chairman of Nigeria Union of
Petroleum and Natural Gas Workers (NUPENG) , in an interview with the News Agency of Nigeria (NAN) in Lagos on Saturday.
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, adding that 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.

CREDIT: News Agency of Nigeria.(NAN)
Guys, are you okay with the price?
Edited by: Endy Edeson
Photo News Editor: Endy Edeson
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2 people like this.

Jeremiah Ademolu

This Apc government is a big curse on this nation, kerosene for 150 at NNPC and other filling station 220 that's madness!

Endy Edeson

@jeremiah: all roads leads to NNPC filling stations nationwide. That's where the real deal is

Sola Ajiboye Omotowo

Gas is cheaper.

Ifykelly Offiah


Peace Ewa Udu

Constant change..sai baba

Olugbenga Onasoga


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