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Home Business News

Nupeng Chief: “There Is No Kerosene In Any Depot In Lagos”

Nairametrics by Nairametrics
January 7, 2017
in Business News
Average prices of Kerosene, Diesel and Cooking Gas in Nigeria
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Nairametrics July 7, 2016| Reports from the News Agency of Nigeria confirms that there is no kerosene in any of the depots in Lagos.

The confirmation came from an official of  Nigeria Union of Petroleum and Natural Gas Workers (NUPENG). According to Mr Rotimi Benjamin, the National Chairman d that Surface Tank Kerosene Peddlers (SUTAKEP) Branch of NUPENG, told NAN in Lagos that Kerosene was last brought to the depots on Dec. 27 and that none exist even with private depots.

Mr Rotimi Benjamin

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“It is very sad that things are going on this way; for the past two weeks, there is no supply of Kerosene to any of the depots in Lagos.

“The two refineries in the country have not been pumping kerosene to the depots.

“This has forced the marketers that have the product in their stations to increase it by over 60 per cent.

“This is not the right time for our refineries to stop Kerosene production, as everybody cannot depend on gas.

“Common man cannot afford the price of cylinder and cooking gas. Our mothers in the village depend on Kerosene, an essential household commodity, to cook.

“Government should address the issue and alleviate the sufferings of the masses by making the product available,” he said.

 

NAN also confirmed the development as its correspondents revealed that that most stations in Lagos did not have the product in the stock.

“Few filling stations with the product were selling it at exorbitant prices ranging from N285 to N300 per litre as against the official price of N83 per litre”.

The National Bureau of Statistics on is October Kerosene price watch reveals Kerosene prices across Nigeria averaged N283/litre or N816 per gallon.

 

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Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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