FG orders massive importation of kerosene

In a bid to check the arbitrary increase in the pump price of kerosene, the Federal Government has placed an order for massive importation of the product.

 

Speaking in Abuja during the inauguration of the Eastern Zonal Executive of the Independent Petroleum Marketers Association of Nigeria, the association’s Chairman, Board of Trustees, Mr. Abubakar Usman, said marketers would start getting large volumes of kerosene as the government had ordered for increased importation of the commodities.

 

According to him, the government has also ordered huge importation of Automated Gas Oil, popularly known as diesel. They further stated that with the increase in the supply of the United States dollars by the Central Bank of Nigeria, the price of Premium Motor Spirit, otherwise called petrol, will not be hiked as earlier anticipated.

 

Mr Usman told IPMAN members that the current scarcity of kerosene would soon be a thing of the past as the product would circulate sufficiently when delivered.