NNPC Pegs Kerosene Price At N150

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The Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr Maikanti Baru has announced the official pump rate for kerosene which has been pegged at N150.

Dr Maikanti who said this during a courtesy visit to the Ogun state Governor, Senator Ibikunle  Amosun, in Abeokuta recently called on other retail outlets to emulate the NNPC mega stations which sell the product at N150 per litre as against N180 per litre.

He said “We are committed to promoting the use of Liquefied Petroleum Gas (LPG) as an alternative choice for home cooking which is also available at our NNPC retail stations.”

He continued: “NNPC is ready to complete the ongoing Escravos to Lagos pipeline system 2 (ELPS2) project in the last quarter of this year to boost gas to power in the country.”

The NNPC boss also said the 36-inch and 342-kilometre gas pipeline project would double the capacity of the existing ELPS thereby improving gas supply to Ogun and environs.

He added that the recent achievements of the security agencies in safeguarding the Atlas Cove to Mosimi system 2B pipeline would not have been possible without the support  of the host communities and state government.

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