The Nigerian Federal Government have so far announced a possible reduction of petrol which may emerge on 14th December, 2020.
According to report, it’s confirmed that Petrol will be reduced from N168 to N162.44 per litre till further notice.
Minister of Labour and Employment, Dr Chris Ngige, made this known to every citizen after a fresh meeting with the Petroleum Products Marketing Company.
According to him, he said.
“Our discussion was fruitful and the Nigerian National Petroleum Corporation which is the major importer and marketers of petroleum products and customers have agreed that there will be a slide down of the pump price of PMS and that the price cut will get us about N5 per litre and that the price cut will take effect from next Monday, a week today.”