Nigerian National Petroleum Corporation Towers, FCT Abuja |
The Nigerian National
Petroleum Corporation (NNPC) says it is unaware of any increase in the official
ex-depot price of kerosene.
Daily Trust report continues:
The
Pipelines and Product Marketing Company (PPMC), a subsidiary of the NNPC, was
reportedly said to have increased the ex-depot price from ₦75 to ₦135 per litre
with effect from yesterday.
But
the spokesman of the NNPC, Garba Deen Muhammadu, said that the corporation was
unaware of any such increase.
However,
some independent marketers told the Daily Trust that ex-depot price of the
product was far above ₦135/litre and around ₦200/litre at retail outlets.
An
official of the Independent Marketers Association of Nigeria (IPMAN) Alhaji
Abubakar Maigandi, said: “From private depot we buy at the rate of ₦182/litre
and sell ₦200 and above at retail stations.”
Kerosene
consumers also said the price of the product at retail and other dispense
openings had been rising since April.
From
an average ₦155 per litre in April, the price of kerosene rose to ₦165 in May
and now over ₦200 per litre due to scarcity of the dollar to import the
product.
The last retail price the
agency fixed for kerosene was ₦83/litre in January 1, 2016. Spokesman for the
agency, Lanre Oladele, did not respond to phone calls made to him.
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