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Tag Archives: Governors Forum recommends Petrol price hike @ N408.5 per litre

May, 2021

  • 20 May

    Governors Forum recommends Petrol price hike @ N408.5 per litre

    fuel subsidy

    A committee set up by the NGF has recommended a petrol price of between N408.5 per litre and N380 per litre. It called for immediate removal of fuel subsidy. El-Rufai, who is the chairman of the committee, explained that the current subsidy regime was unsustainable because smugglers and illegal markets in neigbouring African countries were the beneficiaries. The committee recommended ...