{"id":45878,"date":"2016-01-25T10:15:58","date_gmt":"2016-01-25T09:15:58","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=45878"},"modified":"2016-01-25T11:37:08","modified_gmt":"2016-01-25T10:37:08","slug":"fg-increases-price-of-kerosene-from-n50-per-liter-to-n83-per-liter","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-increases-price-of-kerosene-from-n50-per-liter-to-n83-per-liter\/","title":{"rendered":"FG Increases Price of Kerosene from N50 Per Liter To N83 Per Liter"},"content":{"rendered":"<p>The Federal Government officially ended subsidy on Household kerosene,<br \/>\nHHK, announcing a hike to N83 per litre from N50 per litre over the<br \/>\nweekend.<\/p>\n<p>Instead of the regulated pump price of N50 per litre, the product will now<br \/>\nsell for N83, according to the latest pricing template for House Hold<br \/>\nKerosene released by the Petroleum Products Pricing Regulatory Agency.<\/p>\n<p>The PPPRA is the agency of the Federal Government that fixes and regulates<br \/>\nthe prices of white products, kerosene and petrol, across the country.<\/p>\n<p>In its latest template released on Saturday, the agency stated that the<br \/>\nretail price of kerosene or HHK by the Nigerian National Petroleum<br \/>\nCorporation was N83 per litre.<br \/>\nThe commodity is believed to be mostly consumed by low income earners in<br \/>\nthe country.<\/p>\n<p>The new template showed that the retail or pump price of HHK was now<br \/>\nN10.72 higher than the Expected Open Market Price of the commodity. The<br \/>\nEOMP, according to the new template, is N72.28.<\/p>\n<p>The EOMP is a summation of the landing cost of the commodity with the<br \/>\nsubtotal margins like bridging fund, transporters\u2019 cost, dealers charge,<br \/>\nadmin charge, etc.<\/p>\n<p>FG Increases Price of Kerosene from N50 Per Liter To N83 Per Liter<br \/>\nThe Federal Government officially ended subsidy on Household kerosene,<br \/>\nHHK, announcing a hike to N83 per litre from N50 per litre over the<br \/>\nweekend.<\/p>\n<p>Instead of the regulated pump price of N50 per litre, the product will now<br \/>\nsell for N83, according to the latest pricing template for House Hold<br \/>\nKerosene released by the Petroleum Products Pricing Regulatory Agency.<\/p>\n<p>The PPPRA is the agency of the Federal Government that fixes and regulates<br \/>\nthe prices of white products, kerosene and petrol, across the country.<\/p>\n<p>In its latest template released on Saturday, the agency stated that the<br \/>\nretail price of kerosene or HHK by the Nigerian National Petroleum<br \/>\nCorporation was N83 per litre.<br \/>\nThe commodity is believed to be mostly consumed by low income earners in<br \/>\nthe country.<\/p>\n<p>The new template showed that the retail or pump price of HHK was now<br \/>\nN10.72 higher than the Expected Open Market Price of the commodity. The<br \/>\nEOMP, according to the new template, is N72.28.<\/p>\n<p>The EOMP is a summation of the landing cost of the commodity with the<br \/>\nsubtotal margins like bridging fund, transporters\u2019 cost, dealers charge,<br \/>\nadmin charge, etc.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The Federal Government officially ended subsidy on Household kerosene, HHK, announcing a hike to N83 per litre from N50 per litre over the weekend. Instead of the regulated pump price&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":45882,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-45878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FG Increases Price of Kerosene from N50 Per Liter To N83 Per Liter - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-increases-price-of-kerosene-from-n50-per-liter-to-n83-per-liter\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FG Increases Price of Kerosene from N50 Per Liter To N83 Per Liter - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"The Federal Government officially ended subsidy on Household kerosene, HHK, announcing a hike to N83 per litre from N50 per litre over the weekend. Instead of the regulated pump price&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-increases-price-of-kerosene-from-n50-per-liter-to-n83-per-liter\/\" \/>\n<meta property=\"og:site_name\" content=\"Pointblank News\" \/>\n<meta property=\"article:published_time\" content=\"2016-01-25T09:15:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-01-25T10:37:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2016\/01\/kero.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Our Reporter\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Our Reporter\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-increases-price-of-kerosene-from-n50-per-liter-to-n83-per-liter\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-increases-price-of-kerosene-from-n50-per-liter-to-n83-per-liter\/\"},\"author\":{\"name\":\"Our Reporter\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"headline\":\"FG Increases Price of Kerosene from N50 Per Liter To N83 Per Liter\",\"datePublished\":\"2016-01-25T09:15:58+00:00\",\"dateModified\":\"2016-01-25T10:37:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-increases-price-of-kerosene-from-n50-per-liter-to-n83-per-liter\/\"},\"wordCount\":398,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-increases-price-of-kerosene-from-n50-per-liter-to-n83-per-liter\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2016\/01\/kero.jpg\",\"articleSection\":[\"Exclusive\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-increases-price-of-kerosene-from-n50-per-liter-to-n83-per-liter\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-increases-price-of-kerosene-from-n50-per-liter-to-n83-per-liter\/\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-increases-price-of-kerosene-from-n50-per-liter-to-n83-per-liter\/\",\"name\":\"FG Increases Price of Kerosene from N50 Per Liter To N83 Per Liter - 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