Monday 19 January 2015

Kerosene Price to be Slashed to N5O Per Litre – NNPC


The Nigerian National Petroleum Corporation (NNPC) has initiated a scheme aimed at getting kerosene to consumers across the country at the regulated price of N50 per litre, The Guardian reports.

This is contained in a statement issued on Sunday in Abuja by the Group General Manager, Group Public Affairs Division, of the corporation, Mr Ohi Alegbe.


It said the scheme ‘Kero Correct’ initiative’ was also aimed at cutting off the several layers of middlemen who made it difficult for the end user to enjoy the subsidy on the product.

The statement said that the Executive Director, Commercial, of the Pipeline and Products Marketing Company (PPMC), Mr Frank Amego, announced the initiative at a one-day workshop in Abuja.

It said the workshop that was organised by the NNPC was to enlighten some Non-governmental Organisations (NGOs) and volunteers engaged to help monitor the sales of the product at NNPC Mega and affiliate stations across the country.

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