The federal government of drops fuel price from 145 to 125 because of Coronavirus in the country
This was a statement issued my the government of Nigeria and how the government run the affairs of the country.
“ANNOUNCEMENT: The official Price of Petrol in Nigeria is now N125 per Litre. A Price Modulation Mechanism is being introduced, to be managed by the Petroleum Products Pricing Regulatory Agency (PPPRA), to henceforth adjust the price in line with the market price of crude oil.”
Also he says,
“The Minister of Petroleum Resources HETimipreSylva made the announcement today at the Federal Executive Council (FEC) Meeting Press Briefing.”
“More details to come from the Petroleum Products Pricing Regulatory Agency (PPPRA).”
People have been saying a lot of things about this development.
Fuel was #87 during a bad government now even after 20 deduction it is still at #125 failure have no two names
In conclusion, Nigerians now pay less for petroleum products