NNPC claims pressure of demand and supply increased Kerosene price

Long queues in NNPC fuel station in Umuahia

The Nigerian National Petroleum Corporation (NNPC) has attributed the increase in the price of Kerosene in the country to the pressure of demand and supply.

NNPC Group General Manager, Group Public Affairs Division, Ndu Ughamadu, on Sunday in Abuja said the price of the product had been deregulated.

Ughamadu said the NNPC remained the sole importer of the product and had been augmenting it with the skeletal production from the refineries.

He reiterated the commitment of the corporation to the adequate supply of petroleum products for Nigerians.

A check by Magic FM showed that states with the highest average price per litre of kerosene were Anambra at N381.25; Abia, Bayelsa and Akwa Ibom N356.67 and Enugu N352.78.