I WOULD LIKE THE ACOLYTES/ PRAISE SINGERS OF THE PRESENT GOVERNMENT TO TELL ME HOW MUCH THEY BUY KEROSINE, WHERE THEY BUY IT,AS THEY HAVE CLAIMED THAT THE PETROLEUM SECTOR HAS BEEN REVAMPED The Bureau of Statistics says an average household spends about 500 Naira on food daily, but spends half that amount on kerosene daily. he Nigerian government pays subsidy on kerosene and so they require marketers to sell kerosene below market rates. It pays the marketers the difference between the market price and the government-approved retail price of 50 Naira. The Nigerian National Petroleum Corporation (NNPC) is the sole importer of the fuel but even at their own retail filling stations you hardly will find the product being sold let alone getting it at the retail price.
Posted on: Tue, 13 Jan 2015 08:38:04 +0000
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