NNPC to enforce N50/litre kerosene price; allays fears of scarcity The Nigerian National PetroleumCorporation, NNPC, and its downstreamsubsidiary, the Pipelines and ProductsMarketing Company, PPMC, yesterday,threatened to sanction marketers and otherstakeholders engaged in the sale ofkerosene above the approved price toNigerians.The NNPC, in a statement signed by Mrs.Green, Acting Group General Manager, GroupPublic Affairs Division, also allayed fears ofalleged scarcity of kerosene in the country,saying that about 11 million litres of DualPurpose Kerosene, DPK, were being suppliedacross the country daily, far above thenational demand of eight million litres daily.The struggle to buy Kerosene, an householdcommodity for cooking, becomes morechallenging even at a NNPC petrol Station inLagos. Photo by Lamidi BamideleGreen maintained that the NNPC and thePPMC will continue to work with allstakeholders to ensure even distribution ofkerosene to all nook and crannies of thecountry, and also advised members of thepublic against panic buying of the product.“We, therefore, call on all stakeholders toensure that petroleum products includingkerosene get to the general public atgovernment approved prices as severesanctions await any defaulter,” she said.Continuing she said: “This clarification hasbecome necessary due to reports ofscarcity of the product in some parts of thecountry. For the avoidance of doubt, theNNPC, through its subsidiary, the PPMCsupplies between 10 and 11 million litres ofkerosene daily, which is distributed throughallocations to licensed marketers such asIndependent Petroleum MarketersAssociation of Nigeria, (IPMAN), Depot AndPetroleum Products Marketers Association,(DAPPMA), Major Marketers Association ofNigeria (MOMAN) and NNPC Retail Limitedwho sell to the general public through theirretail outlets.“It is, therefore, a surprise to receivereports of scarcity in spite of the fact thatNNPC/PPMC supply above the eight millionlitres national daily consumption.”