Petrol May Sell For N120 Per litre, If fuel Subsidy Is Removed

Started by emezico, Dec 07, 2011, 01:35 PM

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emezico

Dec 07, 2011, 01:35 PM
There were hints yesterday that petrol (Premium Motor Spirit) may sell for about N120 per litre, if fuel subsidy is withdrawn.

Finance Minister Mrs Ngozi Okonjo-Iweala has said the removal of fuel subsidy next year is inevitable – to keep the economy afloat and rebuild infrastructure.
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