Connect with us

NNPC suspends importation of kerosene

kizinho

Published

7 years ago

on

Follow
NEWS: NNPC suspends importation of kerosene [New Naija News] » Naijacrawl
Photo: Naijacrawl
Contrary to claims by the Nigerian National Petroleum Corporation (NNPC) that it was importing Dual Purpose Kerosene (DPK), popularly called kerosene, to augment local production, statistics obtained from its website, yesterday, indicated it had stopped importation of the product.
Read Also : Several properties destroyed as Kerosene explodes in Port Harcourt




NNPC Group General Manager, Group Public Affairs, Mr. Ndu Ughamadu, had, in a telephone interview with Daily Sun, on Monday, said the corporation was still fulfilling its obligation by importing the product and equally supplementing it with what the refineries produce locally.But, data from NNPCs November financial and operations report, released yesterday, revealed that the corporation, through its Offshore Processing Agreement (OPA) and Direct Sale and Direct Purchase (DSDP) agreements, last imported DPK in September 2016, with a total volume of 33,662,899.42 litres.There were no imports for October and November, 2016.

Prior to September imports, the corporation last imported in May 2016, with a total volume of 81,475,081.07.Cumulatively, NNPC imported 530,236,644.78 litres from December 2015 to November 2016, with no imports in June, July, August, October and November, 2016.On the other hand, the volume of kerosene for the three refineries in Kaduna, Warri and Port Harcourt have continued to nosedive with only 42,313,316 litres recorded for November, as against 84,153,826 litres produced in October, 2016.

A low point for DPK production for the three refineries was in December 2015, when it produced 14,435,344 litres, picking up to 28,747,488 in January, 2016.On a cumulative aggregate, production for the 12-month period, spanning December 2015 to November 2016, the three refineries produced only 591,404,039 litres.Kerosene is now scarce in major cities across the country, forcing the price of a four-litre gallon to rise to N1, 500 from N1,000.

The development has thrown many households into a major cooking crisis as the two sources of energy for domestic cooking (kerosene and gas) have become scarce.Most households across the country have been forced to resort to firewood, charcoal and other sources of dirty energy for their cooking needs.

Daily Sun survey across some retail outlets and cooking gas plants in Lagos indicated that most of them were out of stock of the two essential commodities.

Click Here To Comment




kizinho
 

Adike Kizito is a top-rated software developer, blogger, sports, and entertainment lover. He is the CEO of these popular websites Naijacrawl.com and Mp3ager.com. He operates his software developing task through Kizzsoft.com,... Read More

Continue Reading
Click to comment

Be first to comment


Leave a Reply

Your email address will not be published. Required fields are marked *

Naija News

NNPC Addresses Misleading Claims by Atiku Abubakar

Piroll

Published

3 months ago

on

NAIJA NEWS: NNPC Addresses Misleading Claims by Atiku Abubakar [New Naija News] » Naijacrawl
Photo: Naijacrawl
NNPC has responded to a recent statement issued by Mr. Paul Ibe, Media Adviser to former Vice President Atiku Abubakar. The statement, which has sparked considerable attention, quotes the former Vice President accusing NNPC of being "criminally hijacked by corporate cabals" surrounding the current President. He further claimed that the retention of Mr. Mele Kyari as the Group Chief Executive Officer was a reward linked to an alleged acquisition of NNPC Retail Ltd. b...
Continue Reading

Naija News

Fuel Subsidy: Check NNPC Updated Petrol Price for Your State

Piroll

Published

1 year ago

on

NAIJA NEWS: Fuel Subsidy: Check NNPC Updated Petrol Price for Your State [New Naija News] » Naijacrawl
Photo: Naijacrawl
As fuel scarcity and exorbitant prices start to dominate the country, the Nigerian National Petroleum Corporation has today make known the official rate of the non-subsidized PMS.The new price range from 480-512 across the country.It will be recalled that the Tinubu-led Federal Government announced the removal of the fuel subsidy on Monday, a decision that has put the whole country in jeopardy. Naijacrawl can affirm that the price for PMS will fall when the newly co...
Continue Reading

Naija News

Dangote Refinery: NNPC Sets to be supplying 50% of crude oil

Piroll

Published

1 year ago

on

NAIJA NEWS: Dangote Refinery: NNPC Sets to be supplying 50% of crude oil [New Naija News] » Naijacrawl
Photo: Naijacrawl
As the giant Dangote refinery is set to be commissioned tomorrow, the Nigeria National Petroleum Company (NNPC) Limited says it is set to supply 300,000 barrels of crude oil to Dangote Refinery.Mele Kyari, NNPC’s group chief executive officer (GCEO), NNPC, spoke on Thursday at the Nigeria oil and gas opportunity fair.The event was held at the Nigerian Content Development and Monitoring Board (NCDMB) conference centre in Bayelsa state.The Dangote Refinery, a 650,000...
Continue Reading

Latest

NAIJA NEWS: Stampede at Holy Trinity Catholic Church Leaves 10 Dead [New Naija News] » Naijacrawl
16 hours ago 5

Stampede at Holy Trinity Catholic Church Leaves 10 Dead
NAIJA NEWS: Tragic Stampede Claims Dozens of Lives in Okija During Christmas Rice Distribution [New Naija News] » Naijacrawl
16 hours ago 5

Tragic Stampede Claims Dozens of Lives in Okija During Christmas Rice Distribution
NAIJA NEWS: BYE BYE Το 1000/Litre Fuel! See New Rate As Dangote Refinery Makes Exciting ANNOUNCEMENT [Details] [New Naija News] » Naijacrawl
20 hours ago 7

BYE BYE Το 1000/Litre Fuel! See New Rate As Dangote Refinery Makes Exciting ANNOUNCEMENT [Details]

  • NC NEWSLETTER

    Download Naijacrawl App today

    Fastest way to read on the go

    Download the Naijacrawl App.