• Why FG may raise fuel price to N130

    Why FG may raise fuel price to N130

    According to reports, the Federal Government may be considering increasing petrol price as part of efforts to resolve perennial fuel shortages.

    If the plan sails through, government may also have to abandon its policy of fixing the pump price of petrol in order to allow independent marketers resume the importation of fuel to sell at profitable margins, sources at the Petroleum Product Pricing Resulated Agency (PPPRA) have said.

    According to the sources, the resumption of products importation by marketers will be an […]