Top Artists in Nigeria

Posted by DeeClef under—News / Updated: Leave A Comment
Nigerians Pay N1.23 Extra On Petrol As Administrative Charge
Nigerians Pay N1.23 Extra On Petrol As Administrative Charge

News review and overview of Nigerians Pay N1.23 Extra On Petrol As Administrative Charge.

Rated 4.5/5 (Users and ratings: 306)
  • Author:
  • Nigerians Pay N1.23 Extra On Petrol As Administrative Charge

    Read!: Nigerians Pay N1.23 Extra On Petrol As Administrative Charge; Nigerians now pay N1.23 extra on every litre of Premium Motor Spirit (PMS) also known as petrol as administrative charge.

    The admin charge was N0.10 per litre before the hike. Producers of petroleum products, particularly lubricants, who gave this hint in petition to the Vice Presi-dent, Prof. Yemi Osinbajo, exclusively sighted by New Telegraph at the weekend, accused the Petroleum Products Pricing Regulatory Agency (PPPRA) of causing indirect hike in prices of petrol and other products across the country.

    The PPPRA, checks showed, has begun implementation of this over 1,100 per cent hike in administrative charges on products, a move that made it rake in about N1.845 billion from buyers of petrol in just one month. The downstream subsector has been deregulated, but Lubricant Producers Association of Nigeria (LUPAN) declared that on every litre of petrol consumed in Nigeria, consumers are still charged N1.23 as administrative charge for PPPRA.

    This, which amounts to double taxation, according to LUPAN, also affects base oil. Nigeria, latest data from the Nigerian National Petroleum Corporation (NNPC) shows, consumes about 50 million litres daily, a payment of N1.23 as administrative charge per litre translates to N61.50 million daily and N1.8 billion in 30 days. “It is with profound consternation, that we, the LUPAN, are constrained to express our distress and consequent disapproval of the propensity of PPPRA to arbitrarily inflate its unwarranted charges from 10 kobo to N1.23 per litre of base oil imported, and insist on the registration of operators already licensed by the Department of Petroleum Resources (DPR) to import base oil, despite being shown a genuine DPR license,” the producers said in the petition.

    It continued:-

    “Over time, the association had been besieged by complaints from operators of being tasked with the payment of dues, charges, levies and/or compelled to register with agencies irrelevant to their operations or the sector as a whole; operators, on pain of having their consignments confiscated, find themselves acceding to their demands, and further find themselves inundated by a deluge of paperwork, draconian directives, bureaucratic protocols, all culminating in the delayed release of consignments, accrual of unwarranted demurrage, other ancillary expenses and the eventual hike in price of blended lubricants.

    “…That the administrative and bureaucratic bottlenecks through which importers of base oils/manufacturers of lubricants are made to manoeuvre as well as the series of certifications, authorisations and clearances with their attendant levies and charges are potently detrimental to the business as they are, in most cases, time consuming, increase the expenses and other ancillary costs connected to receiving the product and significantly inflates the market cost of indigenously produced lubricants, making it less attractive than its imported substandard counterpart,” the petition signed by Executive Secretary, LUPAN, Emeka Obidike, read further.

    Advertisement

    Spokesperson for the PPPRA, Kimchi Apollo, could not be reached for comments as at the time of this report. He neither picked calls to his phone nor responded to a text message seeking clarifications on the allegation. Obidike, however, said that the situation created by the administrative charge had caused “legalized businesses to be constantly picketed, threatened with the shutting down/sealing of their plants, confiscation, seizure and destruction of products purchased with bank loans.”

    he said:-

    “That the PPPRA, in demanding the said charges, is acting ultra vires as a regulatory agency and has, to all intent and purpose, unilaterally conferred upon themselves the functions of a revenue collection agency, charging N1.23 on all petroleum products used in the country, to wit, PMS, AGO, DPK, Base Oil, Bitumen, LPG, etc., at the expense of the sector,”.

    Upload Your Song, Album EP & DJ Mix

    Join DJ MoreMusic.NG WhatsApp Tv

    Advertisement
    Advertisement

    Share Nigerians Pay N1.23 Extra On Petrol As Administrative Charge with others...

    nigerians pay extra petrol administrative charge

    RECOMMENDED SONGS FOR YOU

    Zlatan - Ale Yi
    King Soundboi Ft Oladips - OG Onijibiti (Remix)
    Toliban - Abaya Palava
    Pelepele - Baraedasoun
    How to be a good Disc jockey [DJ]
    Magixx - Early Momo (Cover)

    SIMILAR POSTS

    HOT MENU FOR YOU

    DOWNLOAD LATEST NAIJA SONGS
    READ TRENDING GIST IN TOWN
    WATCH NAIJA MUSIC VIDEOS
    STREAM LATEST ALBUMs & EPs
    GET FEATURED
    LATEST DJ MIXTAPE
    TOP TRENDING NAIJA MOVIES
    LYRICS ON THE GO
    FREE BEATs
    RADIO JINGLEs
    NEWS & TOP STORIES
    DROP YOUR COMMENT

    Dino Melaye Debunks Report Of Buying His Daughter A Lamborghini On Her 11th Birthday—Download the latest Naija and South African Song on DJ MoreMusic also we have Gospel category and southy songs. News Download 2020-2021 Latest Naija Songs, and Naija Music Download on This Mp3, Mp4, Website.

    Latest Naija Music, Latest Music, Download Latest Music, Download New Songs, Download Latest Wizkid Songs Mp3, , Download Latest Olamide Songs Mp3, Download Latest Tiwa Savage Songs Mp3, Download Latest Burna Boy Songs Mp3, Download Latest Naira Marley Songs Mp3, Download Latest Rema Songs Mp3, Download Latest Fireboy Songs Mp3, Download Latest Fireboy DML Songs Mp3, Download Latest Nigeria Songs Mp3, Latest Nigeria Music, 9jakit, Niger kit, 9ja kit, Nigerkit, Latest DJ Mixtape, Download DJ Mix, Download Latest Songs Mp3, Download Latest Music Mp3, Latest Songs, Latest Video, Download Latest Video, Download Latest Songs Audio Mp3, Latest Olamide Album Download, Olamide Album, Download Olamide Album, Latest WIzkid Album Download, Wizkid Album, Download Wizkid Album, Latest Burna Boy Album Download, Burna Boy Album, Download Burna Boy Album, Latest Naira Marley Album Download, Naira Marley Album, Download Naira Marley Album, Latest Rema Album Download, Rema Album, Download Rema Album, Latest Fireboy DML Album Download, Fireboy DML Album, Download Dino Melaye Debunks Report Of Buying His Daughter A Lamborghini On Her 11th Birthday—Fireboy DML Album, Download Latest Davido Songs Mp3, Latest Davido Album Download, Davido Album, Download Davido Album, Download Davido Album, Download Latest Bad Boy Timz Songs Mp3, Latest Bad Boy Timz Album Download, Bad Boy Timz Album, Download Bad Boy Timz Album, Latest Bad Boy Timz Album Download, Bad Boy Timz Album, Download Bad Boy Timz Album, Download Latest Tems Songs Mp3, Latest Tems Album Download, Tems Album, Download Tems Album, Latest Tems Album Download, Tems Album, Download Tems Album, Download Latest Teni Songs Mp3, Latest Teni Album Download, Teni Album, Download Teni Album, Download Latest Dbanj Songs Mp3, Latest Dbanj Album Download, Dbanj Album, Download Dbanj Album, Latest Dbanj Album Download, Dbanj Album, Download Dbanj Album, Download Latest Oladips Songs Mp3, Latest Oladips Album Download, Oladips Album, Download Oladips Album, Download Latest Mayorkun Songs Mp3, Latest Mayorkun Album Download, Mayorkun Album, Download Mayorkun Album, Latest Mayorkun Album Download, Mayorkun Album, Download Dino Melaye Debunks Report Of Buying His Daughter A Lamborghini On Her 11th Birthday—Mayorkun Album, Download Latest Nicki Minaj Songs Mp3, Download Latest Nicki Minaj Songs Mp3, Latest Nicki Minaj Album Download, Nicki Minaj Album, Download Nicki Minaj Album, Latest Nicki Minaj Album Download, Nicki Minaj Album, Download Nicki Minaj Album, Download Dino Melaye Debunks Report Of Buying His Daughter A Lamborghini On Her 11th Birthday—Latest Shatta Wale Songs Mp3, Latest Shatta Wale Album Download, Shatta Wale Album, Download Shatta Wale Album, Latest Shatta Wale Album Download, Shatta Wale Album, Download Shatta Wale Album, Download Latest Burna Boy Songs Mp3, Latest Burna Boy Album Download, Burna Boy Album, Download Burna Boy Album, Latest Burna Boy Album Download, Burna Boy Album, Download Burna Boy Album, Download Latest Naira Marley Songs Mp3, Latest Naira Marley Album Download, Naira Marley Album, Download Naira Marley Album, Latest Naira Marley Album Download, Naira Marley Album, Download Dino Melaye Debunks Report Of Buying His Daughter A Lamborghini On Her 11th Birthday—Naira Marley Album, Download Latest Peruzzi Songs Mp3, Latest Peruzzi Album Download, Peruzzi Album, Download Peruzzi Album, Latest Peruzzi Album Download, Peruzzi Album, Download Peruzzi Album, Download Latest Mohbad Songs Mp3, Latest Mohbad Album Download, Mohbad Album, Download Mohbad Album, Latest Mohbad Album Download, Mohbad Album, Download Mohbad Album, Download Latest Lil kesh Songs Mp3, Latest Lil kesh Album Download, Lil kesh Album, Download Lil kesh Album, Latest Lil kesh Album Download, Lil kesh Album, Download Lil kesh Album, Download Latest C Blvck Songs Mp3, Latest C Blvck Album Download, C Blvck Album, Download Dino Melaye Debunks Report Of Buying His Daughter A Lamborghini On Her 11th Birthday—C Blvck Album, Latest C Blvck Album Download, C Blvck Album, Download C Blvck Album, Download Latest C Black Songs Mp3, Latest C Black Album Download, C Black Album, Download C Black Album, Latest C Black Album Download, C Black Album, Download C Black Album, Download Latest Jhybo Songs Mp3, Latest Jhybo Album Download, Jhybo Album, Download Jhybo Album, Latest Jhybo Album Download, Jhybo Album, Download Latest Barry Jhay Songs Mp3, Latest Barry Jhay Album Download, Barry Jhay Album, Download Barry Jhay Album, Latest Barry Jhay Album Download, Barry Jhay Album, Download Barry Jhay Album, Download Latest Seyi Vibez Songs Mp3, Latest Seyi Vibez Album Download, Seyi Vibez Album, Download Seyi Vibez Album, Latest Seyi Vibez Album Download, Seyi Vibez Album, Download Seyi Vibez Album, Download Latest Mr Benson Songs Mp3, Latest Mr Benson Album Download, Mr Benson Album, Download Mr Benson Album, Latest Mr Benson Album Download, Mr Benson Album, Download Mr Benson Album, Download Latest Zlatan Songs Mp3, Latest Zlatan Album Download, Zlatan Album, Download Zlatan Album, Latest Zlatan Album Download, Zlatan Album, Download Zlatan Album,Download Latest Small Doctor Songs Mp3, Latest Small Doctor Album Download, Small Doctor Album, Download Small Doctor Album, Latest Small Doctor Album Download, Small Doctor Album, Download Small Doctor Album, Download Latest Zinoleesky Songs Mp3 , Latest Zinoleesky Album Download, Zinoleesky Album, Download Zinoleesky Album, Latest Zinoleesky Album, Zinoleesky Album, Download Zinoleesky Album, Download Latest Lyta Songs Mp3, Latest Lyta Album Download, Lyta Album, Download Lyta Album, Latest Lyta Album, Lyta Album, Download Lyta Album, Download Latest Orezi Songs Mp3, Latest Orezi Album Download, Orezi Album, Download Orezi Album, Latest Orezi Album, Orezi Album, Download Dino Melaye Debunks Report Of Buying His Daughter A Lamborghini On Her 11th Birthday—Orezi Album, Download Latest Dotman Songs Mp3, Latest Dotman Album Download, Dotman Album, Download Dotman Album, Latest Dotman Album, Dotman Album, Download Dotman Album, Download Latest Selebobo Songs Mp3, Latest Selebobo Album Download, Selebobo Album, Download Selebobo Album, Latest Selebobo Album, Selebobo Album, Download Selebobo Album, Download Latest Oritse Femi Songs Mp3, Latest Oritse Femi Album Download, Oritse Femi Album, Download Oritse Femi Album, Latest Oritse Femi Album, Oritse Femi Album, Download Oritse Femi Album, Download Latest Yonda Songs Mp3, Latest Yonda Album Download, Yonda Album, Download Yonda Album, Latest Yonda Album, Yonda Album, Download Yonda Album, Download Latest Rexxie Songs Mp3, Latest Rexxie Album Download, Rexxie Album, Download Rexxie Album, Latest Rexxie Album, Rexxie Album, Download Rexxie Album, Download Latest Adekunle Gold Songs Mp3, Latest Adekunle Gold Album Download, Adekunle Gold Album, Download Adekunle Gold Album, Latest Adekunle Gold Album, Adekunle Gold Album, Download Adekunle Gold Album, Download Latest Simi Songs Mp3, Latest Simi Album Download, Simi Album, Download Simi Album, Latest Simi Album, Simi Album, Download Simi Album, Download Latest Chinko Ekun Songs Mp3, Latest Chinko Ekun Album Download, Chinko Ekun Album, Download Chinko Ekun Album, Latest Chinko Ekun Album, Chinko Ekun Album, Download Chinko Ekun Album, Download Latest Falz Songs Mp3, Latest Falz Album Download, Falz Album, Download Falz Album, Latest Falz Album, Falz Album, Download Falz Album, Download Latest Bella Shmurda Songs Mp3, Latest Bella Shmurda Album Download, Bella Shmurda Album, Download Bella Shmurda Album, Latest Bella Shmurda Album, Bella Shmurda Album, Download Bella Shmurda Album, Download Latest Danny S Songs Mp3, Latest Danny S Album Download, Danny S Album, Download Danny S Album, Latest Danny S Album, Danny S Album, Download Danny S Album, Download Latest Danny S Songs Mp3, Latest Danny S Album Download, Danny S Album, Download Danny S Album, Latest Danny S Album, Danny S Album, Download Danny S Album, Download Latest Dice Ailes Songs Mp3, Latest Dice Ailes Album Download, Dice Ailes Album, Download Dice Ailes Album, Latest Dice Ailes Album, Dice Ailes Album, Download Dino Melaye Debunks Report Of Buying His Daughter A Lamborghini On Her 11th Birthday—Dice Ailes Album.