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Wednesday, May 11, 2016

Its official, petrol now sales for N145 per litre - FG

The Federal Government today, Wednesday removed subsidy from sale the Premium Motor Spirit (PMS), otherwise known as petrol or fuel, which will henceforth sale for N145 per litre, reports ITRealms.

Announcing this after a meeting in Abuja today, monitored through the African Independent Television (AIT), ITRealms gathered that the Minister of State for Petroleum, Dr. Emmanuel Ibe-Kachikwu made this disclosure.

According to him, the Federal Government at the same time opens the space for independent marketers to import petrol into the country.


He explained that marketers are now free to bring in cargoes and sell, subject to meeting standard quality control.

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