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The Federal Government has said that it is not in a hurry to increase the pump price of Premium Motor Spirit otherwise known as petrol. The Minister of State for Petroleum Resources, Timipre Sylva, disclosed while reacting to the Nigerian Governors’ Forum (NGF) recommendation that petrol price should be between N380
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NEWS DIGEST - The Federal Government has said that petrol pricing will be fully deregulated before the end of the year. The Minister of State for Petroleum Resources, Timipre Sylva, made this known while speaking on the controversy surrounding a new price template of N206 per litre from N162 – N163. Sylva
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Following recent speculation of impending scarcity of fuel, some filling stations around Oshodi-Isolo area of Lagos State have increased pump price from N165 to as high as N175. The recent turn of event has left transporters to express their disatisfaction, saying it has caused a down turn in businesses. The hike occurred
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