The Nigerian National Petroleum Corporation (NNPC) did not import
Dual Purpose Kerosene (DPK) in June, a development that may have
triggered scarcity of the product and price increase nationwide, Daily Trust reports.
The Pipelines and Products Marketing Company (PPMC), the fuel marketing arm of the NNPC, had been the major importer of the product with most independent marketers depending on PPMC’s depots for kerosene. However, since the deregulation of the kerosene market, the PPMC has drastically reduced imports leaving major marketers to bridge the shortfall. But the scarcity of foreign exchange (forex) has prevented marketers from importing the product.
NNPC in its June operations report said it imported 1.1 billion litres of PMS or petrol only but zero litre of kerosene in the month. The corporation, according to the report, relied on domestic production of 119.5 million litres from the refineries to wet the market. Although the 119.5m litres production from the refineries indicated an increase from May’s production of 38.8m litres, it was grossly inadequate to satisfy around 11million litres of daily kerosene demand in Nigeria.
The Pipelines and Products Marketing Company (PPMC), the fuel marketing arm of the NNPC, had been the major importer of the product with most independent marketers depending on PPMC’s depots for kerosene. However, since the deregulation of the kerosene market, the PPMC has drastically reduced imports leaving major marketers to bridge the shortfall. But the scarcity of foreign exchange (forex) has prevented marketers from importing the product.
NNPC in its June operations report said it imported 1.1 billion litres of PMS or petrol only but zero litre of kerosene in the month. The corporation, according to the report, relied on domestic production of 119.5 million litres from the refineries to wet the market. Although the 119.5m litres production from the refineries indicated an increase from May’s production of 38.8m litres, it was grossly inadequate to satisfy around 11million litres of daily kerosene demand in Nigeria.
Kingdom Lottery last
weekend officially launched in Rivers State at a highly entertaining
event which included a Raffle Draw that produced three winners of
various sums totaling one million naira, with other participants smiling
home with various prizes. This was staged as the climax of the street
awareness which the company started in Rivers state since July 22, 2016.
Ibu
The event, which was took place at the government-owned Isaac Boro park,
greatly thrilled residents of Port Harcourt, the state capital, as they
kept scratching the lucky score and lucky match scratch cards hoping to
be among those to be picked in the draw.
They did this while being entertained by a host of artistes line up for
the event by Kingdom Lottery, including a spectacular performance from
Nollywood comic actor, Mr. Ibu, who is the company’s brand ambassador.
Mr. Ibu, who also compered the show, assured the people of Rivers state
and indeed all Nigerians that the company is genuine and reliable;
stressing that Kingdom Lottery has what it takes to be in the lottery
business.
The veteran actor, who pointed this out as why he agreed to identify
with Kingdom Lottery, called on the people to empower themselves by
registering with the company to become agents.
Three winners benefited from the N1,000,000 Monthly Raffle Draw prize as
the Star Prize Winner, Ali Abubakar smiled home with N500,000, the
Second Winner, Mr. Achimugu Ukwenya went home with N300,000, while the
Third Winner, Mr Prince Obum, was paid N200,000. Meanwhile, there were
consolation prizes for others who participated.
According to the company’s Head of Operations, Mr Kingsley Ugwuanyi,
“the game is divided into Lucky Score worth N100 and Lucky Match worth
N200. It has a silver panel on the card where stakers are expected to
scratch and match three out of six objects revealed to win whatever
amount they find underneath.
“Afterwards, the winner is expected to send the code and card number to
our system for verification which we will in turn send the winning code
that will be taken to designated bank for redemption.”
He explained that winnings less than N1000 will be redeemed on the spot,
adding that the minimum winning for Lucky Score is N500 while the
maximum is N250,000.
Ugwuanyi continued that, “The minimum winning for Lucky Match is N500
while the maximum is N500, 000. Stakers can also win a free ticket
instead of cash prize, in which case, they are given another opportunity
to play again.
“The scratch and win game by Kingdom Lottery also organize a monthly
draw as a way of appreciating everybody that played the game for that
month. The draw will be publicized and three winners who would share
N1million will emerge from this draw every month.”
He encouraged the youths to take advantage of the opportunity Kingdom
Lottery is affording them by registering to become agents with the
company, promising that the company will soon be introducing other games
aside the scratch card game.
Endorsing what Kingdom Lottery is doing, Mr Walson, who represented the
Liaison Head of the National Lottery Regulatory Commission in Rivers
State, Madam Betty Obiora, enjoined the people to see lottery business
as a legitimate means of earning livelihood.
Walson assured the gathering that as the regulator, the commission will
always protect their interest and will make sure they are not
short-changed in the course of playing lottery games
Speaking on behalf of the winners, Mr. Ali Abubakar thanked the Kingdom
Lottery management for putting smiles on their faces, promising that
they will judiciously use the money and be good ambassadors of Kingdom
Lottery in their immediate environment.
Kingdom Lottery, which is powered by EMI Systems Ltd, was licensed to
run lottery business in Nigeria by the National Lottery Regulatory
Commission. It started lottery operations in Abuja in January 2016, and
have been moving gradually to other states of the federation. The
company has presence in states like Imo, Rivers and Anambra, and hopes
to launch in other states in the near future.
Read more at: http://www.vanguardngr.com/2016/08/kingdom-lottery-campaigns-climax-port-harcourt-three-persons-winning-n1m/
Read more at: http://www.vanguardngr.com/2016/08/kingdom-lottery-campaigns-climax-port-harcourt-three-persons-winning-n1m/
The event, which was
took place at the government-owned Isaac Boro park, greatly thrilled
residents of Port Harcourt, the state capital, as they kept scratching
the lucky score and lucky match scratch cards hoping to be among those
to be picked in the draw.
They did this while being entertained by a host of artistes line up for
the event by Kingdom Lottery, including a spectacular performance from
Nollywood comic actor, Mr. Ibu, who is the company’s brand ambassador.
Mr. Ibu, who also compered the show, assured the people of Rivers state
and indeed all Nigerians that the company is genuine and reliable;
stressing that Kingdom Lottery has what it takes to be in the lottery
business.
The veteran actor, who pointed this out as why he agreed to identify
with Kingdom Lottery, called on the people to empower themselves by
registering with the company to become agents.
Three winners benefited from the N1,000,000 Monthly Raffle Draw prize as
the Star Prize Winner, Ali Abubakar smiled home with N500,000, the
Second Winner, Mr. Achimugu Ukwenya went home with N300,000, while the
Third Winner, Mr Prince Obum, was paid N200,000. Meanwhile, there were
consolation prizes for others who participated.
According to the company’s Head of Operations, Mr Kingsley Ugwuanyi,
“the game is divided into Lucky Score worth N100 and Lucky Match worth
N200. It has a silver panel on the card where stakers are expected to
scratch and match three out of six objects revealed to win whatever
amount they find underneath.
“Afterwards, the winner is expected to send the code and card number to
our system for verification which we will in turn send the winning code
that will be taken to designated bank for redemption.”
He explained that winnings less than N1000 will be redeemed on the spot,
adding that the minimum winning for Lucky Score is N500 while the
maximum is N250,000.
Ugwuanyi continued that, “The minimum winning for Lucky Match is N500
while the maximum is N500, 000. Stakers can also win a free ticket
instead of cash prize, in which case, they are given another opportunity
to play again.
“The scratch and win game by Kingdom Lottery also organize a monthly
draw as a way of appreciating everybody that played the game for that
month. The draw will be publicized and three winners who would share
N1million will emerge from this draw every month.”
He encouraged the youths to take advantage of the opportunity Kingdom
Lottery is affording them by registering to become agents with the
company, promising that the company will soon be introducing other games
aside the scratch card game.
Endorsing what Kingdom Lottery is doing, Mr Walson, who represented the
Liaison Head of the National Lottery Regulatory Commission in Rivers
State, Madam Betty Obiora, enjoined the people to see lottery business
as a legitimate means of earning livelihood.
Walson assured the gathering that as the regulator, the commission will
always protect their interest and will make sure they are not
short-changed in the course of playing lottery games
Speaking on behalf of the winners, Mr. Ali Abubakar thanked the Kingdom
Lottery management for putting smiles on their faces, promising that
they will judiciously use the money and be good ambassadors of Kingdom
Lottery in their immediate environment.
Kingdom Lottery, which is powered by EMI Systems Ltd, was licensed to
run lottery business in Nigeria by the National Lottery Regulatory
Commission. It started lottery operations in Abuja in January 2016, and
have been moving gradually to other states of the federation. The
company has presence in states like Imo, Rivers and Anambra, and hopes
to launch in other states in the near future.
Read more at: http://www.vanguardngr.com/2016/08/kingdom-lottery-campaigns-climax-port-harcourt-three-persons-winning-n1m/
Read more at: http://www.vanguardngr.com/2016/08/kingdom-lottery-campaigns-climax-port-harcourt-three-persons-winning-n1m/
Kingdom Lottery last
weekend officially launched in Rivers State at a highly entertaining
event which included a Raffle Draw that produced three winners of
various sums totaling one million naira, with other participants smiling
home with various prizes. This was staged as the climax of the street
awareness which the company started in Rivers state since July 22, 2016.
Ibu
The event, which was took place at the government-owned Isaac Boro park,
greatly thrilled residents of Port Harcourt, the state capital, as they
kept scratching the lucky score and lucky match scratch cards hoping to
be among those to be picked in the draw.
They did this while being entertained by a host of artistes line up for
the event by Kingdom Lottery, including a spectacular performance from
Nollywood comic actor, Mr. Ibu, who is the company’s brand ambassador.
Mr. Ibu, who also compered the show, assured the people of Rivers state
and indeed all Nigerians that the company is genuine and reliable;
stressing that Kingdom Lottery has what it takes to be in the lottery
business.
The veteran actor, who pointed this out as why he agreed to identify
with Kingdom Lottery, called on the people to empower themselves by
registering with the company to become agents.
Three winners benefited from the N1,000,000 Monthly Raffle Draw prize as
the Star Prize Winner, Ali Abubakar smiled home with N500,000, the
Second Winner, Mr. Achimugu Ukwenya went home with N300,000, while the
Third Winner, Mr Prince Obum, was paid N200,000. Meanwhile, there were
consolation prizes for others who participated.
According to the company’s Head of Operations, Mr Kingsley Ugwuanyi,
“the game is divided into Lucky Score worth N100 and Lucky Match worth
N200. It has a silver panel on the card where stakers are expected to
scratch and match three out of six objects revealed to win whatever
amount they find underneath.
“Afterwards, the winner is expected to send the code and card number to
our system for verification which we will in turn send the winning code
that will be taken to designated bank for redemption.”
He explained that winnings less than N1000 will be redeemed on the spot,
adding that the minimum winning for Lucky Score is N500 while the
maximum is N250,000.
Ugwuanyi continued that, “The minimum winning for Lucky Match is N500
while the maximum is N500, 000. Stakers can also win a free ticket
instead of cash prize, in which case, they are given another opportunity
to play again.
“The scratch and win game by Kingdom Lottery also organize a monthly
draw as a way of appreciating everybody that played the game for that
month. The draw will be publicized and three winners who would share
N1million will emerge from this draw every month.”
He encouraged the youths to take advantage of the opportunity Kingdom
Lottery is affording them by registering to become agents with the
company, promising that the company will soon be introducing other games
aside the scratch card game.
Endorsing what Kingdom Lottery is doing, Mr Walson, who represented the
Liaison Head of the National Lottery Regulatory Commission in Rivers
State, Madam Betty Obiora, enjoined the people to see lottery business
as a legitimate means of earning livelihood.
Walson assured the gathering that as the regulator, the commission will
always protect their interest and will make sure they are not
short-changed in the course of playing lottery games
Speaking on behalf of the winners, Mr. Ali Abubakar thanked the Kingdom
Lottery management for putting smiles on their faces, promising that
they will judiciously use the money and be good ambassadors of Kingdom
Lottery in their immediate environment.
Kingdom Lottery, which is powered by EMI Systems Ltd, was licensed to
run lottery business in Nigeria by the National Lottery Regulatory
Commission. It started lottery operations in Abuja in January 2016, and
have been moving gradually to other states of the federation. The
company has presence in states like Imo, Rivers and Anambra, and hopes
to launch in other states in the near future.
Read more at: http://www.vanguardngr.com/2016/08/kingdom-lottery-campaigns-climax-port-harcourt-three-persons-winning-n1m/
Read more at: http://www.vanguardngr.com/2016/08/kingdom-lottery-campaigns-climax-port-harcourt-three-persons-winning-n1m/
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