on-demand

FG reduced petrol price to N130

President Muhammadu Buhari may have approved the reduction of pump price of the Premium Motor Spirit (PMS) also known as petrol from N145 to N130.

A reliable presidential source, who disclosed this to The Nation at the Presidential Villa on Wednesday, said the approval may have followed a presentation by the Minister of State on Petroleum Resources, Chief Timipre Sylva, to the ongoing Federal Executive Council (FEC) meeting at the Villa.

According to the source, who would not want to be named, Sylva has made a request to the FEC for the reduction of pump price of the product, citing the drop in the price of crude oil at the global market

Check Also

Ibadan elevated Obas agree to revert to High Chiefs

Members of the Olubadan-in-Council elevated to Obas have agreed to drop their crowns and revert …

Twitter ban: Tweeps raise concern over political ‘bots’ return

Tweeps users have raised concerns over the return of political ‘bots’ since the Nigerian government …

Alao-Akala had faint premonition of his death, says grieving aide

Diran Odeyemi, an aide to a former governor of Oyo State, Adebayo Alao-Akala, said his …

Leave a Reply

Your email address will not be published. Required fields are marked *