NEWS | ENGLISH MOVIES | DJ MIX | YORUBAS | SOUTH AFRICAN |


Taste boy Ft. Sliver Kay
DJ Bhizzy – Vibes Step Mix
Dj Bhizzy Ft. X-one & Cent – Dhynos
Mr Drummer Ft. Dj Bhizzy
Olamide
Tiwa Savage
Rema
Teni
Kizz Daniel
Zlatan
Tekno
Phyno
Yemi Alade

« | »

Expect More Increase In Fuel Price – President Buhari

Published by on September 9th, 2020.



Expect More Increase In Fuel Price – President Buhari

President Muhammadu Buhari, has asked Nigerians to expect a further increase in the price of petrol, stating that people would pay more as soon as the price of crude oil in the international market recovers, The president made this known at the First Year Ministerial Performance Review Retreat at State House Conference Centre, Abuja, on Monday, September 7, 2020,Speaking through his representative, Vice-President Yemi Osinbajo, the president said: “The COVID-19 pandemic, which has affected economies globally, has compelled us to make some far-reaching adjustments that may cause some initial pain, but which is necessary for long-term gains,As you all know, when oil prices collapsed at the height of the global lock-down, we deregulated the price of premium motor spirit, PMS, such that the benefit of lower prices was passed to consumers.

This was welcome by all and sundry. The effect of regulation though is that PMS prices will change with changes in global oil prices. This means, quite regrettably, that as oil prices recover, we would see some increases in PMS prices.”

Share Button

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

WhatsApp

Like this:

TRENDING SONGS


CLICK TO DROP YOUR COMMENT

Share this post with your friends on


0 Responses

Leave a Reply

NOTE:- Make your comment a bit long to get it approved.



Go Back To The Top

« | »


Looking for something? Search below







%d bloggers like this: