30 December, 2015

Federal Government Reduces Petrol Price By 50k

The Federal Government, on Tuesday disclosed that effective January 1, 2016, Petrol would be sold at N86 per litre by the Nigerian National Petroleum Corporation, NNPC Retail stations, while other oil marketers would sell at N86.50 per litre.
This in turn means that Nigerians would get a price reduction of 50k to N1 depending where they buy from.

The Nigerian Labour Congress said, however, that it would resist with all its might, any attempt to remove fuel subsidy.

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