BREAKING NEWS: FG Finally Removes Fuel Subsidy, Petrol To Sell For N145/litre


image The Federal Government has today Wednesday 11th
May 2016 announced the removal of subsidy on Premium
Motor Spirit,PMS, otherwise known as petrol. The
implication of this is that that Nigerians will now have to
buy the product for N145 per litre. Before now, the Vice
President, Prof. Yemi Osinbajo and the Minister of state for
petroleum resources, Dr. Ibe Kachikwu had hinted on the
removal of the controversial subsidy which is believed to be
the major cause of the crisis in the nation’s petroleum
sector. Change.

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