'Sell kerosene at N150 per litre' - NNPC to marketers

The Nigerian National Petroleum Corporation (NNPC) Group Managing Director of the NNPC, Dr. Maikanti Baru has said that currently all NNPC Retail and Mega Stations have been supplied with kerosene and selling at N150 per litre.

The Group General Manager, Group Public Affairs Division, Garba Deen Muhammad that revealed this in a statement Friday quoted him as saying that: “I am calling on other marketers to emulate NNPC by selling kerosene at maximum of N150 per litre which also provides sufficient margin for them to do so. 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.”

The corporation expressed its readiness to complete the ongoing Escravos to Lagos Pipeline System 2 (ELPS2) project in the last quarter of this year in order to boost gas to power in the country.

He spoke during a courtesy visit to the Governor of Ogun State, Senator Ibikunle Amosun in Abeokuta this week.

Baru said the 36 inch and 342 kilometer gas pipeline project would double the capacity of the existing ELPS thereby improving gas supply to Ogun State and environs.

“We wish to reiterate that NNPC will continue to support the aspiration of Ogun, Ondo and Lagos States toward the establishment of a mega city and the free trade zones. As you may be aware, gas supply to these states are key to the realization of these objectives. Our major gas and product pipelines transverse Ogun State,” Dr. Baru declared.

He said the recent achievement of 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 the state government.

The GMD urged the state government to help prevent encroachment on petroleum product pipeline right of way and incessant hacking into the pipeline to steal products.

In his response, Senator Amosun assured the GMD of the preparedness of the state to continue to collaborate with the Corporation in securing all national oil and gas assets in Ogun state.