The price of Kerosene in Nigeria is set to be
reduced to N50 per litre, the Nigerian National Petroleum Corporation
(NNPC), has said.
The announcement was made via a statement released by the Group General Manager, Group Public Affairs Division, of NNPC, Ohi Alegbe on Sunday, January 18.
The
reduction is part of a scheme, Kero Correct’ initiative, devised by the
corporation which will eliminate several layers of middlemen and allow
the end users benefit from the subsidy on Kerosene.
The Federal Government has also announced the reduction of fuel price in the country to N87 from an earlier price of N97.
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