Monday, 25 January 2016

Nigeria increases price of kerosene to N83 per litre

Nigerians queuing for kerosene

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.
The agency 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. This people want to kill us in this country sha. They don't use kerosene at home rather it is the poor woman in the village struggling to meet up with daily needs that will suffer all these mayhem ..

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