.

Showing posts with label NNPC. Show all posts
Showing posts with label NNPC. Show all posts

Wednesday, 26 February 2014

Why Kerosene Is So Expensive



One gets the feeling that beyond the unresolved issues of the exact sum spent on kerosene subsidy and the legality or otherwise of the policy, a critical part of the discourse threading through it all is the issue of why kerosene continues to sell above the pump price of N50 per litre.

There is a sense in which this fact should matter to all well-meaning contributors to this discourse. Not just to members of the National Assembly who as accredited representatives of the people are paid to oversee the welfare and comfort of their constituents, especially as elections approach, but to anyone concerned with how public policy impact on the lives of citizens.

It is essential that we get to the bottom of the matter...
A good look at the processes it takes for kerosene gets to the end-user will no doubt help everybody understand why prices remain consistently high despite years of subsidy. In the end, it is clear that however the number of litres supplied and whatever the stipulated pump prize, there will always be people willing to circumvent the system. And these people do not necessarily work for the NNPC or PPMC.>>>>

Comments system

Disqus Shortname