NNPC says oil marketers responsible for cooking gas, kerosene scarcity

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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, Vanguard reports.

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. Group General Manager, Group Public Affairs Department of the NNPC, Mr. Ndu Ughamadu, in an interview, 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.