The Nigerian National Petroleum Corporation
(NNPC) has announced the introduction of a
newly-fixed rate for the sale of kerosene across the
country.
According to Alhaji Tokunbo Korodo, leader of the
south Nigeria Union for Petroleum and Natural Gas
Workers (NUPENG), the new price is set to
encourage more importation of 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.
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 advantage of this is that it will open door for
more marketers to commence importation of
kerosene just like petrol,"
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