BREAKING: Federal Government Finally Reduces Fuel Price (See New Price Here)

Posted by E.L.E.X on March 18 2020 under News









The Nigerian government has reduced petrol price from N145 to N125 following the crash of oil.

The price of petrol has dropped to N125 from N145 following an approval given by President Muhammadu Buhari.

The decision was taken after a presentation by the Minister of State, Petroleum, Mr Timipre Sylva to the Federal Executive Council on Wednesday.

Nigerian government and the Nigerian National Petroleum Corporation confirmed the new price of N125 per litre on Twitter.

See Tweet Below:-

The reduction in price will take place from tomorrow.

It was learnt the reduction in petrol price became relevant following the crash in crude oil price due to the spread of Coronavirus.

Oil sells for about $29 per barrel, dropping from about $60 in December.

Sylva had hinted last week that the government was consulting on whether to cut the pump price of petrol and would come up with a decision soon.

This is definitely a good news.

How Do You Feel About The Reduction In Fuel Price?

Drop your comments




YOU MAY ALSO LIKE

Related Posts Pictures

3 Brothers Arrested For Forcefully Sleeping With Cow Till It Died (Photo)

Related Posts Pictures

FG declares July 30 and 31 public holidays to mark Eid-Kabir celebration

Related Posts Pictures

Two States In Nigeria With No COVID-19 Patient On Admission Revealed (SEE THE STATES)

Related Posts Pictures

Abia Politician Called Out Over His Post On Rape

Related Posts Pictures

SHOCKING!!! Huge deposits of Crude Oil discovered in the North-East of Nigeria

Comments


Add Comment

All fields are required!








Contact Us Picture

Are you interested in Advert placement | Promoting your Music or Video | Other Enquiries? We are always available to get that done for you without breaking a sweat. Send us a mail @ elextechnologies4@gmail.com | Call us @ 08132021949 | Message us via whatsapp @ 08132021949