Nigerians on Wednesday reacted to the new pump price announced by the Minister of State for Petroleum, Ibe Kachikwu.
Recalled 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.
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.
Find the reactions below:
- BREAKING: FG finally removes fuel subsidy, petrol to sell for N145/litre http://dlvr.it/LHSBDS
- Ibe Kachikwu confirms fuel to now sell for N145http://tinyurl.com/zaw86qv
- 140 naira the nation was shut down for many days, 145 naira I see same folks applauding it as the best idea before jollof rice....
- Below 87... When nnpc won't sell at that .. Who will ?https://twitter.com/vintage_veteran/status/730461032695644162 …
- Like you guys weren't already buying fuel at a price more than that before. Nnpc and Bocas was just the saving grace
- Thinking about it, the prices would eventually drop. If NNPC, Total and Mobile can dictate market price.
- What type of country is this? Is PMS now deregulated or not? Why is NNPC/PPMS still setting what price fuel should sell at?
- NNPC: Ibe Kachikwu confirms fuel to now sell for N145 per litrehttp://dlvr.it/LHRYV0
- @Chxta N145 is recommended selling price. NNPC will sell at this price, others can try to be competitive. N145 Plus or minus N55.
- Rumor has it that ... Nnpc will even sell at 110 a litre... And u expect petroleum marketers to sell at a low price.. Who is deceiving who
- Clueless govt... you want to deregulate, yet you want to fix price "@channelstv: FG Puts New Price Band Of Petrol At 145 Naira
- Lets not be deceived....there is no reason for not fixing the refineries, NNPC is not ready.
- But it will drive the price down if NNPC can sell at 86Naira tho
- If subsidy is removed govt can no longer dictate price so that their official price of 145 naira eh...
- Welcome to Nigeria, a land of crude oil, where 1litre of Petrol is #145 .. #OccypyNigeria
- I heard from tomorrow it would be 145 naira per litre
and you are telling me oil business would soon crash
- Lets see what's going to happen, nothing is said about the Increment of workers salary #OccupyNigeria but #Fuel subsidy removed. hmmmm
- It's high time our salaries also enjoyed this increment trend.#fuel
- It's gradually coming to this...Nigerians are dieing in silence.#OccupyNigeria NOW https://twitter.com/olatostar/status/730454392227368961 …
- Petrol to sell 4 N145 afta #fuelsubsidy removal. When Danfo drivers announces their new fares, #OccupyNigeria will cancel their Ojota Camp

























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