Why Buhari reduced petrol price to N125

Thu Mar 19th, 2020 - Abuja (FCT)

President Muhammadu Buhari yesterday approved an immediate reduction in the pump price of premium motor spirit (PMS), otherwise known as petrol, from N145 to N125 per litre.

Also, the President directed officials of the Nigerian National Petroleum Corporation (NNPC) to work out an appropriate price in line with market realities for AGO (diesel) and kerosene.




source: Guardian