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Tag Archives: subsidy removal

May, 2016

  • 17 May

    Senate backs fuel price hike

    Senate Chamber

    After over one hour closed session, the Senate on Tuesday gave a tacit support to the controversial increase in the pump price of Petroleum Motor Spirit (PMS) other known as petrol. The Federal Government increased the pump price of petrol from N86.50 per litre to N145 per litre due to paucity of funds and the massive corruption in the fuel ...