The Federal Government has said it will not increase the price of petrol in June despite the recommendation by the Nigeria Governors’ Forum that the cost of the commodity should be increased.
On Wednesday, a committee set up by the Nigeria Governor’s Forum recommended a petrol price of between N408.5/litre and N380/litre, and also called for immediate removal of petrol subsidy.
But in a statement issued and signed by the Minister of State for Petroleum Resources, Chief Timipre Sylva, in Abuja on Friday, the government ruled out the possibility of a hike in petrol price any time…
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