Monday, January 25, 2016

Finally, Federal Government ends kerosene subsidy, sells at N83 per litre.

The Federal government has officially increased the price of Household Kerosene (HHK) from N50 per litre to N83 per litre thereby ending subsidy on the product. The Petroleum Product Pricing Regulatory Agency (PPPRA) released a pricing template stating that only the Nigeria National
Petroleum Corporation (NNPC) is to sell at that rate, which means other filling station and dealers are at liberty to sell at a higher rate.

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