FG Moves to put smiles on faces of Many Nigerians

0

Nigeria’s Minister of State for Petroleum Resources, Timipre Sylva, has said the federal government is in consultation, to decide if the pump price of petrol will be reduced.

PAY ATTENTION TO : Pastor Oyedepo cancels church services over fear of dreaded Coronavirus

Speaking with reporters in Abuja on Friday, Sylva explained that this was because of the drop in crude oil prices.

As at 9 pm yesterday, Brent crude which is the global benchmark was trading at $34.88 per barrel.

ALSO  PAY ATTENTION TO : I Regret Being Used By Pastor Okafor, Others To Stage Fake Miracles – Woman Arrested For Fake Healing

This has resulted in a drop in the landing cost of petrol.

The Petroleum Products Pricing Regulatory Agency (PPPRA) gave the landing cost of petrol as N95.16 per litre as on Tuesday, with the expected open market price of petrol was N114.53 per litre.

“This is a developing issue. We are still consulting, we are still following it closely.

“Of course, usually, the product prices follow the crude oil price but we are still consulting, we’ll get back to you, please, be patient,” Sylva said

FOLLOW US ON :

1,723FansLike
600,234FollowersFollow
356FollowersFollow

Got A News , Looking for Workers, Press Release, Sponsored Publication or Advert Placement? Send To Us Via Email: [email protected].com or Call : 07033247217  


SCAM ALERT :  No Genuine Employer will Ask for MONEY to employ you.


 

LATEST POST

7 HOT NIGERIAN JOBS RECOMMEND FOR YOU

TYPE HERE TO QUICK SEARCH FOR JOBS & NEWS


Click Here To Get Latest Jobs In Your Inbox Everyday

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.