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Nairaland Forum / Nairaland / General / Politics / Kerosene To Sell At N83 – PPPRA (1733 Views)
Fg To Scrap Nnpc, Dpr, Pppra, Others; To Sell Unprofitable Refineries / FG May Further Cut Petrol Price – PPPRA / FG Ends Kerosene Subsidy, To Sell For N83 Per Litre (2) (3) (4)
Kerosene To Sell At N83 – PPPRA by willywasco(m): 7:56pm On Jan 24, 2016 |
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. The template also showed that at N83, the Federal Government will be making a gain of N10.72 on every litre. It further puts the expected open market price, which is the landing cost plus total margins at N72.28 per litre. The expected open market price is the prevailing open market rate for the product in Nigeria, after taking certain costs into consideration. Giving a breakdown of the price, the PPPRA template put the landing cost of the product at N57.98 per litre, while the total margin due middlemen was put at N14.30. The retailers’ margin was put at N5 per litre; transporters at N3.05 per litre while dealers at N1.95 per litre. It further put the bridging fund at N5.85 per litre; marine transport average at N0.15 - See more at: http://nigerianpilot.com/kerosene-to-sell-at-n83-pppra/#sthash.2ldPw00e.dpuf |
Re: Kerosene To Sell At N83 – PPPRA by Kyase(m): 8:02pm On Jan 24, 2016 |
Wow. I dey wait for some useless bigotees to say something negative. As for foyushit we are coming for you. For iPod, Russian arms are coming into the country, so no messing up. As for any mod that Will ban me.......... 2 Likes |
Re: Kerosene To Sell At N83 – PPPRA by Nobody: 8:08pm On Jan 24, 2016 |
Amazing decision |
Re: Kerosene To Sell At N83 – PPPRA by willywasco(m): 8:13pm On Jan 24, 2016 |
This is just the beginning of good things come. UP BAhuariiiiiiii Long Live Buhari Long Live APC Long Live Naija |
Re: Kerosene To Sell At N83 – PPPRA by CharlyNick: 8:26pm On Jan 24, 2016 |
Am so much enjoying this change. But They've scammed us with an initial price of #50. I knew it wouldn't last |
Re: Kerosene To Sell At N83 – PPPRA by Dahveydson(m): 10:47pm On Jan 24, 2016 |
Was there ever subsidy on Kerosene?? Kerosene that has probably been more expensive than Petrol and diesel has subsidy? Even angels in Heaven know that Kerosene will not sell for N83 because of its high demand. Wonders will not cease in this country of ours. |
Re: Kerosene To Sell At N83 – PPPRA by UnknownT: 10:48pm On Jan 24, 2016 |
Now it will sell at least #200 per litre . When it was #50 per litre, most independent marketers sell at #100+ per litre |
Re: Kerosene To Sell At N83 – PPPRA by Kreamie(m): 10:49pm On Jan 24, 2016 |
This is sad mehn....It'll sell for at least 200-250naira/litre..Trust Nigerians to take advantage of this development...Africana Buka sef go come dey expensive..Goat meat go dey sell for like 500naira a piece..I'm in trouble |
Re: Kerosene To Sell At N83 – PPPRA by passionate88: 10:56pm On Jan 24, 2016 |
Short changed. He hasn't even stabilised world oil price. Lagosians, I dey wait for una to protest o. She when Jonathan remove fuel subsidy una protest?, when him change unilag to maulag una protest?, when buhari promised to take fuel prices to 50 naira, una mumu believe the guy?. Now the change we him mean don clear for una eyes ba?, make me wait for those idiots we go come here dey say "it's just a matter of time e go better", "na the past administration fault", " I trust baba sha", etc. Buncha useless and jobless fellows |
Re: Kerosene To Sell At N83 – PPPRA by ultrazone(m): 11:00pm On Jan 24, 2016 |
This is serious |
Re: Kerosene To Sell At N83 – PPPRA by niggi4life(m): 11:01pm On Jan 24, 2016 |
Do people still use kerosine? |
Re: Kerosene To Sell At N83 – PPPRA by VocalWalls: 11:01pm On Jan 24, 2016 |
We need to appeal for Obama to come and do a 6-month tenure when he leaves the white house. Or maybe Donald Trump? So he can hit us where it hurts, and wake us all up.. Because it'll like we're all sleeping on a bike while riding on a long thing. |
Re: Kerosene To Sell At N83 – PPPRA by passionate88: 11:02pm On Jan 24, 2016 |
niggi4life:No, they will now be forced to use firewood |
Re: Kerosene To Sell At N83 – PPPRA by passionate88: 11:03pm On Jan 24, 2016 |
CharlyNick:apc promises are like China phones, they don't last long |
Re: Kerosene To Sell At N83 – PPPRA by CharlyNick: 10:49am On Jan 25, 2016 |
Re: Kerosene To Sell At N83 – PPPRA by Tequilah: 1:57pm On Jan 25, 2016 |
UnknownT: PPPRA are silly jokers. If subsidy has been removed on kerosene, why da heck are they now fixing a price for it at 83 per litre? When diesel was deregulated and subsidy removed, did PPPRA bring out a price template to dictate at what price diesel must be sold? Now diesel sells from 103 naira per litre to 130 naira per litre across the country, depending on where you buy from. Why can't they allow kerosene to find its own level? After all, there is no subsidy on cooking gas and nobody has brought out any template to indicate that it must sell at a particular price. Na wa, o! |
Re: Kerosene To Sell At N83 – PPPRA by Ama80(f): 3:10pm On Jan 25, 2016 |
Blessing in disguise.at least we will be sure of unadulterated diesel to power our machineries. |
Re: Kerosene To Sell At N83 – PPPRA by calculator123(m): 4:48pm On Jan 25, 2016 |
Kyase:Have u imagined the effect this will have on a married civil servant with four kids earning the minimum wage.IT called HARDSHIP. |
Re: Kerosene To Sell At N83 – PPPRA by calculator123(m): 4:55pm On Jan 25, 2016 |
passionate88:waiting for $1=1 naira.baba one chance. 1 Like |
Re: Kerosene To Sell At N83 – PPPRA by calculator123(m): 5:03pm On Jan 25, 2016 |
Ama80:do u mind explaining how this is a blessing in disguise |
Re: Kerosene To Sell At N83 – PPPRA by calculator123(m): 5:07pm On Jan 25, 2016 |
willywasco:stop smoking,u will not hear.up buhari ko up buhaaha ni. |
Re: Kerosene To Sell At N83 – PPPRA by calculator123(m): 5:09pm On Jan 25, 2016 |
Kyase:am sure u don't know the effect this move has on the man on the street. |
Re: Kerosene To Sell At N83 – PPPRA by Ama80(f): 6:16pm On Jan 25, 2016 |
calculator123:because of its low price,it is been used by AGO dealers to mix their products (adulterated)which end up in our heavy duty machineries therby damagin them.but if d price of kero is equivalent to dat of gas,it makes no sense n profit mixing them,they simply sell pure AGO.without sounding selfish,i use kerosene in my home too,hence i understand d pain but my gain outweighs my pain.hop u understand. |
Re: Kerosene To Sell At N83 – PPPRA by calculator123(m): 8:46pm On Jan 25, 2016 |
Ama80:i do understand.thanks for the info. |
Re: Kerosene To Sell At N83 – PPPRA by Tequilah: 2:21am On Jan 29, 2016 |
Ok, let us hope that more people will shift to using cooking gas....now that the price of kerosene has gone through the roof! |
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