Petrol will now sell for N85per litre from January, 1st2016 the Federal
Government has said. The FG who says it can no longer afford to subsidize
the Premium Motor Spirit (PMS) following the fraud that has attended its
operation, stressed that the product will sell for N85 per litre as from the
first day of January, 2016.
Emmanuel Ibe Kachikwu, the Minister of State for Petroleum, disclosed this
during his inspection of the Port Harcourt Refinery Company (PHRC),
yesterday.
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