Wednesday 11 May 2016

Petrol to sell for N145 per litre as FG finally removes fuel subsidy

The Federal Government has finally removed subsidy from sale or Premium Motor Spirit(PMS) also known as petrol.

Sources from NNPC disclosed this afternoon that marketers are free to now bring in cargoes and sell, subject to meeting standard quality control.

A litre of petrol now goes for N145, not minding the source of foreign exchange used to import the cargo.

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