The Federal Government has approved the reduction of fuel price from N145 to N125.
resident Muhammadu Buhari approved the reduction of pump price of the Premium Motor Spirit (PMS) also known as petrol from N145 to N130.
According to a briefing from the Federal Executive Council (FEC), the new pump price of petrol is now 125 naira.
The President ordered that the adjustment takes effect immediately.
Giving the directive on behalf of the President, Mr Timipre Sylva told newsmen that compliance by petroleum marketers is to be enforced by the NNPC and the PPPRA.
- BREAKING: Boko Haram Kills Army Colonel In Borno - September 21, 2020
- Suarez Agrees To Join Atletico Madrid - September 21, 2020
- FG Opens Registration Portal For N75bn MSME Survival Fund - September 21, 2020