ABUJA —The Nigerian National Petroleum Corporation,
NNPC, yesterday, blamed oil marketers in the country
for the excruciating scarcity of kerosene and Liquefied
Petroleum Gas, LPG, also known as cooking gas and
the high price of the commodities across the country.
The price of cooking gas had shot up from about
N3,500 in most places before the Christmas holidays,
to a minimum of N5,000 for a 12.5 kilogramme cylinder
last week, while kerosene which went for as much as
N250 per litre is now sold for a minimum of N500 per
litre.
Some retailers of LPG in Abuja, told Vanguard that
though it was normal that during the yuletide period,
the price of the commodity normally goes up a bit
because of huge demand, they noted that the recent
sharp rise in the price, from N3,500 to more than
N5,000 was abnormal.
According to one of the marketers, who simply gave
his name as Chibuike, the increase in price during the
Christmas season is normally between N100 and
N300, and at most N500, but this current rise is
unprecedented and “we seem not to know the reason
for the sharp rise.”
Another retailer, Hamza Shuaibu, said the product
seem not to be available in most of the recognised
depots in Abuja, making most of the retailers to
obtain the product from black marketers and
middlemen.
For kerosene, most of the petrol stations visited in
Abuja said they last sold the product sometime in
June 2015 and had not seen the product since then.
Oil marketers responsible for scarcity
However, Group General Manager, Group Public Affairs
Department of the NNPC, Mr. Ndu Ughamadu, in an
interview with Vanguard, said the oil marketers were
responsible for the scarcity and the hike in the prices
of kerosene and cooking gas.
He denied that the scarcity was a ploy by the NNPC to
push for an increase in the prices of cooking gas,
kerosene, petrol or any other petroleum product.
Ughamadu said the NNPC had been consistent in
bringing in petroleum products into the country, but
its efforts were not being complemented by the
marketers, who he said had refused to bring in
products.
He noted that the LPG market was fully deregulated
and though the NNPC was trying in this regard, it
could not compel the marketers to bring in the
product, especially as it was not a regulator.
Petrol price to increase as landing cost soars to N213
per litre
However, with the landing cost of PMS, popularly
known as petrol now at N213 per litre, there are fears
that petrol price could increase. Currently, the
government is not paying subsidy on the product.
While the modulated bracket of N135-N145 is given as
official price for petrol, drafts showed that extra N67.7
is incurred on over 35 million litres of daily imports as
the landing cost soared.
According to the Head of Energy Research at Ecobank,
Dolapo Oni, “when oil price was at $52 per barrel, the
landing cost was N165 per litre. Later when the price
rose to $55, the price soared to N210 per litre.
“Now that oil price is averaging at $58 per barrel, the
landing cost will hover around N213 per litre,” he
said.






http://www.vanguardngr.com/2017/01/oil-marketers-responsible-cooking-gas-kerosene-scarcity-nnpc/

Blame everyone else but you. Please define your job.
If you cannot regulate people under you, blame yourself and not them.

I thought as much

We don't have business with oil marketers

we know they are the cause...why you con dy report them to us? or you want us to teach you your job!

sarrki:
We don't have business with oil marketers

Who are you again?

Just like that? Why is this government soo interested in distributing hardship?

Government of Hardship by Hardship And For Hardship. ..

Honestly We're tired of all these .The country is dying slowly.I just dey wonder how these our leaders dey take sleep for night.

Nigeria which way....

This government is notable for 'blamming'. Just like their oga, Buhari, dey blame the past administration, NNPC dey also blame the oil marketers. Now the blamming continues till 2019

The question that the government should try to solve is why are oil marketers no longer importing products? Blame games will only heighten bad blood between government and marketers. I for once think the government is still forcing marketers to sale at a stipulated price which means the sector has not be fully deregulated.

Its only in nigeria dat a carpenter and a fashion designer will say,epo ti won(fuel is costly)we nigerians are d problem of nigeria.everything is an opportunity for nigerians to make money,legal or illegal.one thing we dnt think or understand is dat,it affect d masses more but we put d blame on d govt @ d end