Marketers sell Kerosene above pump price-IPMAN


Independent Petroleum Marketers Association of Nigeria,IPMAN, says marketers are selling the Dual Purpose Kerosene,DPK, above pump price because they cannot access it at the official pump price.

Its National Vice President, Abubakar Dankigari who made this known, said corrupt practices still characterised its sale because the product was still subsidised.

According to him, the Petroleum Products Pricing Regulatory Agency pegged the price of kerosene for one hundred and thirty-five naira per litre, but marketers could not get it directly at the price unless they cut-corners to secure it at one hundred and sixty or one hundred and seventy naira per litre.

He said the scenario was accountable for the sale of kerosene at one hundred and eighty naira per litre.



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