Fuel subsidy: Petrol price will come down naturally - NNPC

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The Group Chief Executive Officer, of the Nigeria National Petroleum Company Limited, NNPCL, Mr. Mele Kyari, has insisted that the competition among major

players in the oil sector would force down the current price of Premium Motor Spirit, known better as petrol, across the country.Recall that the recent increase in the petrol pump price occasioned by the discontinuance of petroleum subsidy saw queues return to fuel stations across Nigeria this week.

Several retail outlets sold the product between 550 and N800 in Abuja, Lagos, Ogun and some other states across the federation.

Source: News Formal (newsformal.com)

 

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