introduction of a newly-fixed rate for the sale of kerosene across the
country.
According to Alhaji Tokunbo Korodo, leader of the south Nigeria Union
for Petroleum and Natural Gas Workers (NUPENG), the new price is set to
encourage more importation of the product.
“The NNPC has fixed N150 per litre as the new depot price of kerosene
and has directed all its depots and private depot to comply with the
directive.
He said that most of the filling stations selling kerosene between N200
and N220 as the pump price was as a result of additional money on
transportation of the product and some other levies paid by marketers.
“The advantage of this is that it will open door for more marketers to
commence importation of kerosene just like petrol,” Korodo said.
This latest development has generated a lot of controversial opinion
across the country. Some seeing it as failed promises.while others as
welcomed development.
