Monday 25 January 2016

FG removes kerosene subsidy

The Federal Government of Nigeria has officially ended the payment of subsidy on kerosene. Instead of the regulated pump price of N50 per litre, the product will now sell for N83, according to the latest pricing template for House Hold Kerosene released by the Petroleum Products Pricing Regulatory Agency.
The PPPRA is the agency of the Federal Government that fixes and regulates the prices of white products, kerosene and petrol, across the country.

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