Kerosene – InfoStride News

Kerosene Prices Surge 6.29%, Now N1,439.64 per Liter

Temitope Nlewemchi — Mon, 27 May 2024 20:33:47 +0000

According to the National Bureau of Statistics (NBS), the average retail price per litre of Household Kerosene (HHK) in Nigeria rose to N1,439.64 in April 2024, marking a 6.29% month-on-month increase from N1,354.40 recorded in March 2024. On a year-on-year basis, the average price per litre surged by 24.04% from N1,160.67 in April 2023. The [...]

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NBS Reports 5.84% Surge in Household Kerosene Prices in December 2023

Temitope Nlewemchi — Tue, 30 Jan 2024 10:06:28 +0000

The National Bureau of Statistics (NBS) has released data indicating a 5.84% increase in household kerosene prices in December 2023. This uptick raises concerns about the impact on consumers and underscores the ongoing challenges in managing energy costs. As Infostride News closely monitors these developments, comprehensive coverage will be provided, including insights into the factors [...]

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DPR puts under lock and key ‘adulterated’ kerosene outlet in Calabar

Temitope Nlewemchi — Sun, 13 Jun 2021 09:00:15 +0000

The Department of Petroleum Resources (DPR) in Cross River has sealed a retail outlet, Chizioba Ventures, for allegedly selling adulterated kerosene. The outlet, which was shut down by the DPR, is located at number 65, Edgerdley Road in Calabar South. A statement on Friday in Calabar signed by the Operations Controller of DPR in the [...]

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Forex Responsible For Kerosene’s Price Hike — IPMAN

David Folami — Sun, 08 Jan 2017 16:04:55 +0000

Alhaji Olanrewaju Okanlawon, a factional Chairman of the Independent Petroleum Marketers Association of Nigeria (IPMAN), in Kwara has ascribed the recurring hike in the price of kerosene to the unstable foreign exchange occasioned by the lingering economic recession. Okanlawon told the News Agency of Nigeria (NAN) in Ilorin on Saturday that the association should not [...]

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No Kerosene In Lagos Depots – NUPENG

David Folami — Sun, 08 Jan 2017 14:08:10 +0000

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) says there is no single drop of Kerosene in any of the private depots and Nigerian National Petroleum Corporation (NNPC) in Lagos. Mr Rotimi Benjamin, the National Chairman, Surface Tank Kerosene Peddlers (SUTAKEP) Branch of NUPENG, spoke in an interview with the News Agency of [...]

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FG Spent $1b On Importation Of Kerosene In 2015 – Yemi Osinbajo

David Folami — Wed, 30 Nov 2016 13:16:30 +0000

The Vice President, Yemi Osinbajo has revealed that the Federal Government spent $1b on importation of kerosene in 2015. Osinbajo also revealed that the government had to spend so much on importing kerosene because a lot of families in Nigeria depend on the product. Adding that “The low LPG consumption in Nigeria has resulted in [...]

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FG Should Give Clear Policy On Kerosene – NUPENG

David Folami — Mon, 18 Jul 2016 22:47:09 +0000

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Monday urged the Federal Government to come out with a clear policy on kerosene. The union’s South-West Chairman, Alhaji Tokunbo Korodo, who made the appeal in an interview with the News Agency of Nigeria (NAN) in Lagos, said the product was becoming unaffordable. He [...]

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#Nigeria > Air Crashes: Nigerian Airlines May Be Flying On Contaminated Aviation Fuel

Wale Adebayo — Thu, 03 Sep 2015 23:30:15 +0000

Aircraft in the country might have been flying on Household kerosene, as it has been alleged that it is being sold to airlines as a substitute for Jet A1 fuel, also called aviation turbine kerosene (ATK). According to oil magnate Femi Otedola, the substitution of HHK for ATK is a rising trend that needs to [...]

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NLNG Set To Flood Markets With Cooking Gas As Kerosene Scarcity Persists

Wale Adebayo — Tue, 15 Apr 2014 19:16:07 +0000

The management of the Nigerian Jiquefied Natural Gas Limited (NLNG) has expressed commitment to supporting Federal Government’s efforts to get more Nigerians to switch to cooking gas by making the product available for consumption, as getting kerosene for households in Nigeria becomes a real struggle. Managing Director, NLNG, Mr. Babs Omotowa disclosed this in Abuja, [...]

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‘No Removal Of Kerosene Subsidy’

David Folami — Sun, 16 Feb 2014 00:08:39 +0000

The address of Mrs Diezani Allison-Madueke, Petroleum and Natural Resources Minister to the Senate Panel. . For years, the issue of the presidential directive given by His Excellency, the late President Umaru Yar’Adua, has been brought up again and again. . There was a presidential memo written in 2009. . At the time, an inter-ministerial [...]

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Kerosene Subsidy Is A Scam —Central Bank Governor

David Folami — Wed, 05 Feb 2014 11:38:57 +0000

The Governor of the Central Bank of Nigeria, CBN, Mr. Sanusi Lamido Sanusi yesterday described the kerosene subsidy claim by NNPC as a scam saying that claims by the Nigerian National Petroleum Corporation, NNPC, of spending money on kerosene subsidy are not credible. . Sanusi made the declaration at the resumed Senate Investigative Public Hearing [...]

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