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Tag: Kerosene

  • Nigerians paid less for petrol, kerosene, diesel in November – NBS

    Nigerians paid less for petrol, kerosene, diesel in November – NBS

    Latest statistics by the Nigerian Bureau of Statistics (NBS) has shown that the average price paid by consumers for petrol, diesel, and kerosene decreased month on month by 0.3 per cent, 1.3 per cent and 2.30 per cent respectively in November 2017.

    This was disclosed in three reports published on the bureau’s website on Sunday.

    Petrol decreased from N146 in October to N145.6 in November 2017, diesel decreased from N201.96 in October to N199.26 in November 2017, and kerosene decreased from N273.44 in October to N267.14 in November, the report explained.

    When compared to November 2016, the average price of petrol decreased by 0.75 per cent from the N146.7 recorded; the average price of diesel increased by 1.84 per cent from N195.67 and the average price of kerosene decreased by 5.56 percent from the N282.86 recorded.

    The report showed that Bayelsa, Akwa Ibom and Ebonyi states recorded the highest average prices of premium motor spirit (petrol) at N150.5, N 150.33 and N148.57 respectively.

    States with the lowest average prices of petrol were Plateau, Nasarawa and the Federal Capital Territory at N143.6, N144 and N144.08 rates respectively.

    For diesel, the states with the highest average prices of diesel were Kebbi, Taraba and Sokoto states at the rates of N219.37, N217.50, and N216.66 respectively while, Bayelsa, Delta and Nasarawa states recorded the lowest average price of diesel at N175.71, N182.91 and N183.75 respectively.

    Edo, Enugu, and Jigawa states recorded the highest average prices per litre of Kerosene in November at N300.88, N300.00, and N298.14 respectively, while Nasarawa, Zamfara and Kano states recorded the lowest average prices per litre of Kerosene for November at N216.66, N206.42 and N204.99, respectively.

    Also, the average price per gallon paid by consumers for kerosene increased by 11.95 per cent to N1,052.33 in November when compared to the N1,035.12 recorded in October 2017 and increased by 28.89 per cent when compared to the N816.46 recorded in November 2016.

    The states with the highest average price per gallon of kerosene were Edo at N1,203.52, Enugu at N1,200.00 and Jigawa at N1,192.56.

    The report added that Nasarawa, Osun and Oyo states recorded the lowest average prices per litre of kerosene at N866.64, N825.68, and N819.96 respectively.

  • Average price for petrol drops, kerosene increases – NBS

    Average price for petrol drops, kerosene increases – NBS

    The average price paid by consumers for Premium Motor Spirit (petrol) dropped by 1.2 percent year-on-year, the Nigeria Bureau of Statistics (NBS), has said.

    According to a report on the NBS website, the Bureau also listed states with the highest and lowest average price of petrol in comparison with the approved government price of N145.

    “The average price paid by consumers for PMS decreased by 1.2 percent year-on-year and increased by 0.1 percent month-on-month to N144.5 in September 2017 from N144.4 in August 2017.

    “States with the highest average price of PMS were Yobe N149.7, Bayelsa N147.1 and Taraba N146.1, while states with the lowest average price of petrol were Abuja N142, Osun N142.8 and Ondo N142.9,’’ the NBS said.

    On Dual Purpose Kerosene (DPK), the Bureau said the “average price per litre paid by consumers for kerosene increased by 17.28 percent month-on-month.

    “It decreased by -8.38 percent year-on-year to N264.48 in September, 2017 from N225.52 in August, 2017.

    “States with the highest average price per litre of kerosene were Plateau N316.67, Yobe N294.44 and Kaduna N294.12.

    “States with the lowest average price per litre of kerosene were Abia N240.56, Edo N240.00 and Ekiti N233.33,’’ the NBS said.

  • Price for petrol drops, kerosene increases – NBS

    Price for petrol drops, kerosene increases – NBS

    The average price paid by consumers for Premium Motor Spirit (petrol) dropped by 1.2 per cent year-on-year, the Nigeria Bureau of Statistics (NBS), has said.

    According to a report on the NBS website, the Bureau also listed states with the highest and lowest average price of petrol in comparison with the approved government price of N145.

    “The average price paid by consumers for PMS decreased by 1.2 per cent year-on-year and increased by 0.1 per cent month-on-month to N144.5 in September 2017 from N144.4 in August 2017.

    “States with the highest average price of PMS were Yobe N149.7, Bayelsa N147.1 and Taraba N146.1, while states with the lowest average price of petrol were Abuja N142, Osun N142.8 and Ondo N142.9,’’ the NBS said.

    On Dual Purpose Kerosene (DPK), the Bureau said the “average price per litre paid by consumers for kerosene increased by 17.28 per cent month-on-month.

    “It decreased by -8.38 per cent year-on-year to N264.48 in September, 2017 from N225.52 in August, 2017.

    “States with the highest average price per litre of kerosene were Plateau N316.67, Yobe N294.44 and Kaduna N294.12.

    “States with the lowest average price per litre of kerosene were Abia N240.56, Edo N240.00 and Ekiti N233.33,’’ the NBS said.

  • NNPC produces 5m litres of kerosene daily, meets 60% of domestic consumption

    The Nigerian National Petroleum Corporation (NNPC) says it supplies five million litres of Dual Purpose Kerosene (DPK) consumed in the country.

    The NNPC disclosed this in Abuja in a statement by Mr Ndu Ughamadu, the corporation’s Group General Manager, Group Public Affairs Division on Sunday.

    Ughamadu attributed the statement to the NNPC Group Managing Director, Dr Maikanti Baru, who spoke at a two-day Investigative Public Hearing of the House of Representative Committee on Petroleum Resources (Downstream).

    ”The nation’s three refineries in Port Harcourt, Kaduna and Warri produce five million liters of kerosene daily, representing more than 60 per cent of the national daily consumption requirement of eight million litres.

    ”The balance of three million litres of the product is being imported by private petroleum products marketers,” the statement said.

    The statement stated that kerosene and other petroleum products supplied by the Corporation were of high quality and met safety standards.

    ”The NNPC ensures that the entire refining output in Nigeria through its refineries and any products imported by it to make up for market supply -shortfalls meet the specifications of the Nigerian Institute of Standard and Standards Organization of Nigeria.

    ”NNPC will not compromise safety and quality in its products and processes.

    ”All depots in the country have laboratories for quality checks to ensure safety of consumers,” the statement said.

    Baru assured Nigerians that in keeping with its avowed commitment to the safety of consumers, the Corporation investigated the recent incident of kerosene explosion in Calabar.

    It, however, could not trace the truck that delivered the adulterated product in any of its depots loading schedule.

    He advised the committee to contact the Department of Petroleum Resources (DPR), which is the petroleum Industry regulator, to investigate the source of the adulterated kerosene among the private depots.

    Baru called on relevant authorities to empower the DPR to carry out its responsibilities more diligently by ensuring that petroleum products imported by marketers met the required quality and safety standards as NNPC could not guarantee the quality of products imported by other market players.

    “The quality of kerosene being sold to the general public require regular inspection to ensure that it meets health, safety, environment and quality standards at all times.

    This is to avert any regulatory breaches or threat to lives and properties of the general public and consumers of the products,” Baru said.

    Baru was represented at the hearing by the NNPC Chief Operating Officer, Downstream, Mr Henry Ikem-Obih.

    The statement also reported the House Committee Chairman, Rep. Joseph Akinlaja, as saying the Committee was deeply concerned about the high cost of kerosene in the market and incessant explosions due to adulteration.

    Akinlaja said the committee was mandated by the House to, among others, work out a clear cut policy framework on deregulation of kerosene to avert the current challenges faced by the masses in procuring the product;

    It is also empowered to arrest the resurgence of kerosene explosion with attendant fatalities and investigate the disappearance of ₦11 billion worth of petroleum products belonging to the NNPC.

     

  • Kerosene scarcity: Residents blame product dealers for diversion

    Kerosene scarcity: Residents blame product dealers for diversion

    Residents of Hadejia in Jigawa have blamed petroleum products dealers for diversion of kerosene resulting to the current acute scarcity of the product in the town.

    The situation has also resulted in price hike of the commodity in the market .

    A News Agency of Nigeria (NAN) check in Hadejia on Tuesday showed that most of the petroleum products service stations had run out of stock of the product in the past weeks.

    NAN discovered that kerosene was only obtainable at the black market outlets, where it sold for between N400 and N450 per litre, above the N83 approved pump price.

    Black-market operators are making brisk businesses due to the high patronage of the trade occasioned by the scarcity.

    A cross section of the residents, who spoke to NAN described the situation as ‘worrisome’.

    Malam Ahmad Bala, a resident, said that he was exposed to difficulties in sourcing for the product.

    Bala noted that kerosene was beyond the reach of the common man due to exorbitant prices at the black market outlets.

    Mrs Halima Ibrahim, a housewife, said that the exorbitant prices had forced most families to resort to firewood for domestic needs.

    Ibrahim added that she preferred charcoal due to its cheaper prices, in spite of its cumbersome processes.

    Another resident, Magaji Muhammad, urged the Federal Government to adopt practical measures to end the scarcity and enhance availability.

    However, Ahmed Ali, a kerosene dealer, attributed the scarcity to the high cost of importing the product into the country.

    Ali called on the NNPC to evolve effective measures to end scarcity and enhance the supply of the product.

  • P-Harcourt, Kaduna, Warri refineries resume kerosene, diesel production

    Nigerian National Petroleum Corporation, NNPC, yesterday, announced that the Kaduna, Port Harcourt and Warri refineries had resumed production of Dual Purpose Kerosene, DPK, and Automotive Gas Oil, AGO, otherwise known as kerosene and diesel respectively.

    Similarly, Nigeria Liquefied Natural Gas, NLNG, blamed the current scarcity and high cost of Liquefied Petroleum Gas, LPG, nationwide on the inability of its LPG vessel to berth and discharge its contents at the Apapa ports since December 29, 2016, due to congestion of the port facility.

    The NNPC, in a statement in Abuja, disclosed that the refineries started producing both commodities since Saturday, and were currently producing more than six million litres of kerosene and seven million litres of diesel on a daily basis.

    According to the NNPC, the resumption of refining of AGO and DPK was expected to balance the disequilibrium in demand and supply of the products being experienced in parts of the country.

    Speaking on the production level of the Warri refinery, Managing Director of the Warri Refining and Petrochemical Company, WRPC, Mr. Solomon Ladenegan, said the plant had been doing well since the Crude Distillation Unit, CDU, was revved up on Saturday, January 7, 2017.

    He explained that the refinery resumed production Saturday at about 10:22hours, with the plant’s CDU functioning, saying that the plant now refine two million litres of kerosene and three million litres of diesel daily.

    According to him: “This morning (yesterday), we have pumped the products to PPMC and they have started loading. They are going to load up to one million litres of DPK and AGO. The products are there in the tank and we are doing everything to get them to the market.”

    In the same vein, Managing Director of the Port Harcourt Refining Company, PHRC, Mr. Bafred Enjugu, said the Port Harcourt refinery was producing three million litres of AGO daily, in addition to millions of DPK being churned out by the refinery daily.

    Enjugu explained that the company’s operators were thrilled having rehabilitated the old Port Harcourt refinery where the production of AGO was being carried out by themselves without the deployment of foreign expertise.

    Furthermore, the NNPC also stated that the Kaduna Refinery had roared into action, producing millions of litres products to ease out the situation in supply and distribution of petroleum products nationwide.

    Meanwhile, the NLNG, in a statement by its General Manager, External Relations, Kudo Eresia-Eke said: “For instance, NLNG’s dedicated LPG vessel has been unable to discharge LPG at the Apapa port since 29th December 2016 due to jetty unavailability, resulting in temporary product shortages in the market. Nigeria LNG’s domestic LPG price is based on an international price index plus 50 per cent of the shipping cost of delivering the product to receiving facilities in Apapa-Lagos. That price is invoiced in Naira at the prevailing official interbank exchange rates, contrary to erroneous assertions.

    “The reality of this is that although LPG is produced and consumed locally, the product like crude oil is an internationally traded commodity with an international price benchmark, open to global demand and supply pressures.

    “NLNG however softens the impact of price variations by continuing to subsidise the cost of transporting about 40 per cent of total domestic market share which it supplies from its production facility on Bonny Island.”

  • Charcoal business booms in Ondo state as kerosene, cooking gas price hike lingers

    Residents of Okitipupa in Ondo State have continued to partronise charcoal sellers as substitute for their daily domestic cooking, as the high cost of kerosene and cooking gas lingered on Saturday.

    The News Agency of Nigeria (NAN) reports that kerosene, formerly sold for N300 per litre has gone up to between N400 and N450 while a 12.5Kg cylinder of cooking gas formerly at N3, 500 has skyrocketed to between N4.500 and N5,000.

    NAN also reports that a full sack of charcoal, lasting one and half months depending on the usage, has also increased from N1,500 to N2, 500 and N3,000.

    Some of the charcoal sellers who spoke with NAN in separate interviews in the area said that the high cost of kerosene and cooking gas had turned to be blessing in disguise for their business.

    They said that many customers npow patronised them and charcoal gained popularity.

    Mrs Bonike Usman, a charcoal seller who said roasted yam and plantain sellers patronised her, said that she had recorded high sale as many customers now patronised her.

    “I think the high coast of kerosene and gas is a blessing in disguise as I now sell about five bags per day, the same measure I sold in a week before,” she said.

    Mrs Wulemotu Akande, another charcoal seller, also said that she made lots of gain in the past two weeks as many people now trooped to her shop to purchase charcoal in different quantities.

    “Food vendors are not left out in the rush for charcoal because they can no longer afford the prices of gas,”Akande said.

    Another charcoal seller, Mrs Wunmi Ashade said that high costs of kerosene and gas had suddenly given charcoal a sudden prominence adding that charcoal sellers now made brisk business and on high patronage.

    “I knew people will rush to buy charcoal because it has happened many times, so I bought huge stock in December, so I am making more profit now,” Ashade said.

    Mrs Oluyemi Adegbemi, a food vendor, who also told NAN that charcoal was the best for cooking, saying that it burns blue flame like gas, urged the people to imbibe the culture of using it for their cooking.

    “Charcoal burns blue flame like gas and it is better compared to fire wood which burns red flame and make pots to be black and dirty,” she said.

    Mr Adefemi Ikumawoyi, a customer, said that he had to buy a bag of charcoal for his wife because he could no longer afford the high cost of kerosene.

    He appealed to the Federal Government to take drastic step in ensuring the availability of kerosene and cooking gas in order to make life more meaningful for the masses.

     

    NAN

  • Hike in prices of cooking gas, kerosene, threat to tree conservation- Climatologist

    A climatologist, Prof. Emmanuel Oladipo, has warned that the hike in the prices of gas and kerosene portends danger to the environment and human life.

    He gave the warning on Wednesday in Lagos in an interview with news.

    He said that natural disasters experienced globally necessitated pragmatic approach from both the government and citizens to protect the environment by paying attention to tree conservation.

    Oladipo, a United Nations Development Programme (UNDP) Senior Consultant, said that increase in the prices of these products would aggravate deforestation and increase greenhouse gas emissions into the environment.

    He said: “deforestation is when forest is being cut down on a massive scale without making proportionate effort at replanting.

    “Trees play critical role in supporting environmental equilibrium and human comfort because it absorbs carbon dioxide from the air, which is the main greenhouse gas.

    “Trees are also strategic in combating global warming, flood, check erosion and stem the tide of windstorm by serving as wind breakers in coastal areas.

    “By the time we destroy this important shield for cooking, then we are exposing ourselves to grave danger in the country.”

    According to Oladipo, deforestation will hinder Nigeria’s commitment to reduce Greenhouse Gas Emissions unconditionally by 20 per cent and conditionally by 45 per cent in line with its Nationally Determined Contributions (NDCs).

    He said that Nigeria subscribed to NDCs when it signed the Paris Agreement on Climate Change.

    He said that Nigeria had the highest rate of deforestation in the world having lost more than half of its primary forests.

    The climatologist urged the federal government to evolve pricing mechanism that would make cooking gas and kerosene affordable and available in the country.

    “It is quite unfortunate that in-spite the vast deposit of natural gas and crude oil in the country, many Nigerians cannot afford the price of cooking gas and kerosene.

    “If the government creates an approach that supplements the cost of these products, those in the rural areas will embrace the use of cooking gas.

    “It will also discourage all those that cut trees for charcoal production in Oyo North and Kaduna to desist from the practice,” he said.

    The price of cooking gas has recently increased from N3, 500 to N4, 500 for 12.5kg gas cylinder while a litre of kerosene jumped to N300 as against N150 of N130 previously.

    The situation had forced many Nigerians to resort to using firewood and charcoal for cooking.

     

    NAN

  • Scarcity of Kerosene hits Lagos

    Scarcity of Kerosene hits Lagos

     

    The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Saturday lamented that there is no single drop of kerosene in any of the private depots and that of the Nigerian National Petroleum Corporation (NNPC) in Lagos.

    The National Chairman, Surface Tank Kerosene Peddlers (SUTAKEP) Branch of NUPENG, Mr. Rotimi Benjamin, disclosed this to the newsmen in Lagos.

    Findings reveal that kerosene was last brought to the depots on December 27, 2016.

    Benjamin, who is also the Vice-Chairman of NUPENG, Lagos Zonal Council, said that scarcity of Kerosene had made its price to go up, thus making it unaffordable for the masses.

    He urged the Federal Government to come to the aid of the masses, who could not afford the price of cooking gas, by making kerosene available at the depots and filling stations.

    He said, “It is very sad that things are going on this way, for the past two weeks, there is no supply of kerosene to any of the depots in Lagos.

    “The two refineries in the country have not been pumping kerosene to the depots.

    “This has forced the marketers that have the product in their stations to increase the price by over 60 per cent.

    “This is not the right time for our refineries to stop kerosene production, as everybody cannot depend on gas.

    “Common man cannot afford the price of cylinder and cooking gas. Our mothers in the village depend on kerosene, an essential household commodity, to cook.

    “Government should address the issue and alleviate the sufferings of the masses by making the product available.”

     

    NAN