Nigerians react to the new N145 fuel price
Nigerians on Wednesday reacted to the new pump price announced by the Minister of State for Petroleum, Ibe Kachikwu.
NigerianEye recalls that the Federal Government has approved an increase of Premium Motor Spirit (PMS) normally referred to as petrol to be sold not more than N145 per litre effective from 11th May, 2015.
The Petroleum Products Pricing Regulatory Agency (PPPRA) is expected to accordingly announce the new price. Recall that the product was selling for N86.50 per litre.
The Minister of State for Petroleum Resources, Ibe Kachikwu revealed this to the State House correspondents at the Presidential Villa, Abuja.