Official : FG Reveals Official Petrol Pump Price And When It Will Deregulate
Minister of State for Petroleum Chief Timipre Sylva in a media briefing on Tuesday in Abuja revealed that the official pump price for petrol remains N162 , and it will remain the same until the Federal Government agrees with Organised Labour for full deregulation.
Furthermore, he revealed that President Muhammadu Buhari will have a release specifically on the petroleum Industry while confirming that Nigeria can now legally regulate the sector. However, he refused to give a timeline for this regulation process. infoguidenigeria.com
He said: I cannot give you a timeline now. But it is not going to be too far from now because we have done quite a lot of extensive work.”
He noted that everything boils down to the Government and the organised labour. He concluded by confirming the pump price: Dollar to Naira
He concluded, “So we will keep it here at N162 within that band now for the time being but we are also in the time at the moment trying to work out to allow the deregulation to come to fruition.”
Check and confirm: How much is Dollar to Naira Today Wednesday
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