Fuel Scarcity In Nigeria News Today
Nigerians have condemned the purported increase in the pump price of premium motor spirit also known as petrol by the federal government to N212.61 per litre.
The Nigerian National Petroleum Corporation (NNPC) on Friday, March 12, insisted there is no increase in the ex-depot price of petrol in the month of March.
The federal government has unveiled its plan to put in place measures that will bring the prices of refined petroleum products down to below N100 per litre.
The federal government has disclosed that the rise in the price of crude oil price climbs above $60 per barrel will lead to a price increase petrol pump price.
Timipre Sylva, minister of state for petroleum resources, has said the federal government will soon commence the exploration of crude oil in the northeast.
In order to address the problem of the rise in petrol price, the FG is proposing the adoption of autogas. Legit.ng explains what you should know about the fuel.