Home News Federal Executive Council Pegs New Fuel Price(PMS) At N302 Per Liter

Federal Executive Council Pegs New Fuel Price(PMS) At N302 Per Liter

by Anita Ogona

While Nigerians are still struggling to cope with the economic hardship in the country, there are reports that the National Executive Council has pegged the pump price of Premium Motor Spirit (PMS) at N302 per liter.

A source hints that the decision was reached at the NEC meeting, on Wednesday.

We  also gathered that the new pump price will be implemented from February, this year and will most likely draw flare nerves from stakeholders, especially the organised labour which is already planning a January 27 protest against plans by the government to remove petrol subsidy entirely.

credit citynews

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