DYNAMO

25 Jan 2016

Kerosene price hiked from N50 to N83 per litre as FG ends subsidy

                     

Over the weekend, the FG hiked the price of Household Kerosene (HHK) also known as kerosene, to N83 per litre from N50 per litre, thereby, officially ending its subsidy. The Petroleum Products Pricing Regulatory Agency, PPPRA‎, in its product pricing template, however, stated that the N83 per litre price applies only to the NNPC, meaning that other petrol stations and dealers can sell higher than N83….. so no go misbehave for Forte Oil o…..

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