NEWS

Nigeria removes fuel subsidy, says petrol to sell for N85 by Jan 1st 2016

  Minister of State for Petroleum , Dr Ibe Kachikwu during a tour of the Port Harcourt refinery on Christmas Day said that the Federal government is working to reduce the pump price of petrol to about 85 or 86 naira per litre by Jan 1st. He said efforts were on to get the refinery to achieve 60 percent production capacity and to supply about 11 million liters of petrol daily. (more…)