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Nigerians were probably jolted by the Petroleum Minister, Ibe Kachikwu’s confirmation to a National Assembly Committee, last week (4/1/18), that the current landing cost of petrol is about N171/litre, i.e. well beyond the present N145/litre regulated pump price. Instructively, the deregulated price of petrol is about $1.00(N305)/litre in nearby Ghana. However, in the wake of deregulation of petrol prices under Obasanjo ...
