BREAKING: FG reduces petrol price to #130 from #145
The federal government may have directed the reduction in pump price of the premium motor Spirit (PMS) from #145 to about #130.
The minister of State for petroleum resources, Timipre Sylva, last week, said that the government was in talks with important stakeholders on the possibility of reducing the price because of the crash in crude oil prices in the global market.
It was discovered that the federal government may have approved the new price after a presentation by the minister to the ongoing meeting of the federal executive council being presided over by President Buhari at the presidential Villa, Abuja.
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