Business Nigeria: NNPC Moves to Crash Kerosine to N50/Litre

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LequteMan

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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 according to the Group General Manager, Group Public Affairs Division, of the corporation, Mr Ohi Alegbe.

He said in a statement on Sunday in Abuja that 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 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

“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.

#Nigeria #Kerosine #NNPC

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