Monday, 25 January 2016

Federal Government stops subsidy, to sell Kerosene at N83 per litre

The Petroleum Products Pricing Regulatory Agency (PPPRA)‎ has increased the price of household Kerosene from N50 to N83. This is contained in its products pricing template, released on Sunday in Abuja.
It stated that the N83 per litre price applied only to the Nigerian National Petroleum Corporation (NNPC) outlets.
So it is ony at NNPC outlets that can sell kerosene at N83. How is this going to work? The Federal Government should just find solution to the petroleum issues in Nigeria.