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Kerosene Price To Be Slashed To N5O Per Litre - NNPC - Business - Nairaland

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Kerosene Price To Be Slashed To N5O Per Litre - NNPC by Akbee(m): 12:02pm On Jan 19, 2015
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.

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.

It quoted Amego as saying that the scheme was aimed at getting kerosene to the Nigerians who used the product as their domestic cooking fuel at the correct price

He observed that though kerosene was the most subsidised product, Nigerians had not been enjoying the subsidy.

He said this was because of the long arbitrage system involved in its distribution and retailing, and diversion of the product by marketers to the construction industry where it was used for blending bitumen.

“The Kero Correct initiative is thus designed to distribute and sell kerosene directly to end users from NNPC Retail mega and affiliate stations across the country at the government-regulated price of N50 per litre to ensure effective control,” he stated.

He said the scheme which would be officially launched soon, would involve the distribution of a total of 1,500 trucks of kerosene across NNPC Retail’s mega and affiliate stations across the country.

This, he said, was to ensure that each consumer gets at least 25 litres of the product over the next three months
www.vanguardngr.com/2015/01/nnpc-initiates-kero-correct-scheme-crash-kerosene-price-nationwide/

1 Like

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by shawnfamous(m): 12:06pm On Jan 19, 2015
Shey na election dey cause all dis ones? Well let dem reduce d price of gas

24 Likes

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by ArchEnemy(m): 12:11pm On Jan 19, 2015
Are you kidding me?

5 Likes

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by Kennedymac(m): 4:20pm On Jan 19, 2015
election things.........anyway make i book space

2 Likes

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by mastercee(m): 4:52pm On Jan 19, 2015
Ridiculous and Scandalous...... The question is why now?

14 Likes

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by LordCenturion(m): 4:52pm On Jan 19, 2015
Thieves,why can't they slashed petroleum price instead ,..,we own this crude oil,still our meat seller eating bones,my sister in USA who call 3 days ago said they buying petroleum #50(converted to naira) per liter since December due to fall in the price of crude oil globally.

This is why we need people general, please help me hit like for FEBUHARI

83 Likes 1 Share

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by overlord29(m): 4:52pm On Jan 19, 2015
lipsrsealed

8 Likes

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by adekennis(m): 4:52pm On Jan 19, 2015
I won't be surprised to read headlines tomorrow that uncle Jona has directed all OLOSHO across the country to be given free punanny cheesy

29 Likes

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by ideee03(f): 4:53pm On Jan 19, 2015
Hahaha...desperate times calls for desperate measures. grin grin grin grin

14 Likes

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by jamael(m): 4:53pm On Jan 19, 2015
well done
So this means that 1gala=1 liter of kerosene.
Whether na election or na propaganda this is a very good development for as long as it lasts.
Live and let live

4 Likes

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by donklint86: 4:53pm On Jan 19, 2015
I will comment later
Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by priscaoge(f): 4:54pm On Jan 19, 2015
Call it anything....Goodluck is working kiss kiss kiss

12 Likes

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by Nobody: 4:54pm On Jan 19, 2015
This isn't the first time, it only lasts two weeks. And price goes back up.

9 Likes

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by Aare2050(m): 4:54pm On Jan 19, 2015
Loving the good news. Change is here. Oga jona. Carry on.

3 Likes 1 Share

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by Nobody: 4:54pm On Jan 19, 2015
its like GEJ is just waking up from his drunken slumber. Yesterday it was fuel price, today it is kerosene. I'm sorry sir, I would never fall for this trojan horse. we are so gonna kick your butt off that shiny mahogany chair in aso rock... back to your boat mending in otueke.

23 Likes

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by BrokenTV: 4:55pm On Jan 19, 2015
Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by priscaoge(f): 4:55pm On Jan 19, 2015
I love this!!!!!! Let's do more! GEJ keep doing it kiss kiss kiss kiss

5 Likes 1 Share

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by raumdeuter: 4:55pm On Jan 19, 2015
Election good o

Everything wey cost before dem don dey slash the prices

Can Jonathan also slash brideprice too?

Season of slash.

Make the President Jonathan no slash Sambo head off

23 Likes

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by falconey(m): 4:55pm On Jan 19, 2015
What of power?

1 Like

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by LuckyLadolce(m): 4:55pm On Jan 19, 2015
Jona the presidoooooooooo! GOOD of u nigga!

Buh still, GMB can do btter by far like UNILORIN grin

GMB/OSINBAJO FEB14 2015

22 Likes 1 Share

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by Nobody: 4:55pm On Jan 19, 2015
priscaoge:
Call it anything....Goodluck is working kiss kiss kiss

shattap tongue

priscaoge:
I love this!!!!!! Let's do more! GEJ keep doing it kiss kiss kiss kiss
That's why you occupy two plots?
You're as greedy as GEJ.

This is just campaign tactics babe.
Why now?
Anyway, people would buy @N50..even hoard the one they will sell when the price(s) skyrockets again.
Thennnn...vote who they deem right. smiley

6 Likes

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by dhamstar(m): 4:55pm On Jan 19, 2015
Ok
Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by Nobody: 4:56pm On Jan 19, 2015
am enjoying this administration, noni Gej

1 Like

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by Sijo01(f): 4:56pm On Jan 19, 2015
GEJ is working tongue tongue

1 Like

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by DickDastardly(m): 4:56pm On Jan 19, 2015
Panic Political decision.
>: sad( sad angry

2 Likes

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by Rashdimuh(m): 4:56pm On Jan 19, 2015
Ftc things but 4get o we still wont vote for u Mc clueless even you slash pet price to 15 naira per litre.

4 Likes

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by priscaoge(f): 4:56pm On Jan 19, 2015
Kachisbarbie:


shattap tongue

tongue tongue tongue See them cheesy cheesy cheesy Enemies of progress everywhere cheesy cheesy cheesy cheesy cheesy cheesy

Kachisbarbie yaf kii mi wit laf cheesy cheesy cheesy cheesy....I wan sell one biko cheesy cheesy cheesy

Those that will buy @ #50,hoard it n sell @high prices are members of Association of Past Criminals that don't want anything good for this country tongue

4 Likes

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by Youngzedd(m): 4:57pm On Jan 19, 2015
Mpa unu there.


Nigerians have been suffering, for edges we haven't bought at such price.

Because of election GEJ wants to trick us.


We are wiser now.


I trust Nigerians, some will also store kerosene with their pots and spoons immediately such price is announce because it's "Enjoy while it last"

Last bullet :

Also reduce cooking gas price, make I follow enjoy while it last.

2 Likes

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by Kx: 4:57pm On Jan 19, 2015
For the past 6yrs, all we here from GEJ is "to be" " will be" shall be"

Going forward, all we care about is "has been"


Sai Buhari

1 Like

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by Nobody: 4:57pm On Jan 19, 2015
DESPERATE TIMES CALLS FOR DESPERATE MEASURES. GEJ IS SO DESPERATE BUT ALL THIS GIMMICKS ARE TOO LATE. IF YOU LIKE SHARE PETROL AND KEROSENE FREE, SANE NIGERIANS HAVE MADE UP THEIR MIND FOR CHANGE. tongue


VOTE GMB COME FEBUHARI 14TH


SAI BUHARI cool

7 Likes

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by hazyfm1: 4:57pm On Jan 19, 2015
[size=88pt]LAUGHING IN FULANI ACCENT [/size]

1 Like

Re: Kerosene Price To Be Slashed To N5O Per Litre - NNPC by yorke1: 4:57pm On Jan 19, 2015
Good news....but as usual expect to see some uncircumcised comments from haters.

GEJ till Buhari goes to school.

5 Likes 1 Share

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