The Nigerian National Petroleum Corporation on Sunday said that its refineries in Port Harcourt, Warri and Kaduna were now supplying 60 per cent of the Dual Purpose Kerosene being consumed in the country. This, it said on Sunday, was in line with the 2019 target date by the Federal Government to stop the importation of […]
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The average price per litre of household kerosene in March was lower by 11.59 per cent at N311.56k compared with N352.42k in February, the National Bureau of Statistics (NBS), said. The “National Household Kerosene Price Watch (March 2017)” in the Consumer Price Index for the month, released in Abuja on Thursday, indicates, however, that the […]
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Federal Government slashes importation of Kerosene – the reduction which is by a 51.8 million litres is in a bid to increase domestic consumption of liquefied petroleum gas by various homes across the country. An analysis of the latest report on Petroleum Products Imports Statistics released by the National Bureau of Statistics showed that the volume […]
Read More The Federal Government spent $1 billion on kerosene subsidy last year, the Vice President, Yemi Osinbajo, has said. Osinbajo, who spoke yesterday at the Domestic LPG Implementation Stakeholders Workshop in Abuja, organised by the Office of the Vice President, Ministry of Petroleum Resources and the Nigerian Liquefied Natural Gas (NLNG), lamented the low usage of […]
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The price of kerosene, used by majority of Nigerians for cooking, has risen to as much as N300 per litre in many parts of the country, with many depots in Lagos not loading the product. Punchng gathered that the supply of kerosene by the Nigerian National Petroleum Corporation through its subsidiary, Pipelines and Product Marketing Company, […]
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FEDERAL Government on Thursday commenced the payment of subsidy on kerosene to the tune of N1.17 for every litre of the product consumed across the country, latest data from the pricing templates of the Petroleum Products Pricing Regulatory Agency has shown. This is coming as inspection officers from the Department of Petroleum Resources clamped down […]
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FEDERAL Government has officially ended the payment of subsidy on kerosene. Instead of the regulated pump price of N50 per litre, the product will now sell for N83, according to the latest pricing template for House Hold Kerosene released by the Petroleum Products Pricing Regulatory Agency. The PPPRA is the agency of the Federal Government […]
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