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Read Diezani Alison-Maduek's statement on this new development:
As you may be aware, there has been a lot of volatility in the oil market in the past few months and due to this the importation prices of our petroleum products have been impacted.
Therefore, with the approval and directive of Mr. President and by virtue of Section 6 clause 1 of the Nigerian Petroleum Act, it is my responsibility as Minister of Petroleum Resources to hereby announce a reduction in the pump price of Petroleum Motor Spirit (Petrol) from the current Ninety Seven Naira (=N=97) per litre pump price down to Eighty Seven Naira (=N87=) per litre pump price, effective from twelve (12) midnight Sunday, 18th of January 2015.
Accordingly, I have directed the Petroleum Products Pricing Regulatory Agency (PPPRA) and the Department of Petroleum Resources (DPR) to ensure strict compliance of this price adjustment by all marketing companies.
It is my hope that all Nigerians will benefit from this adjustment. I thank you and God Bless you all.
Diezani Alison-Madueke (Mrs.) CON
Honourable Minister of Petroleum Resources
Am not impressed
ReplyDeleteJust N10? Nansense!
ReplyDeleteU dey mind dem. Mscheew!
DeleteWen America's is almost free.wen will Nigeria learn to improve other areas like agriculture?
ReplyDeleteAbi o. Don't t mind them. & d fact that we can make it happen makes it even more annoying. May God forgive them...- u dont wanna know wats happening i dt sector...
DeleteThis country is so f***ing messed up.am so passed rite now cos I don't c any hope for the future if this country
ReplyDelete