President Buhari Govt Reduces Pump Price Of Petrol

President Buhari Government has ordered the reduction of pump price of petrol from N168 per litre to N162.44 per litre.

Minister of Labour and Employment, Chris Ngige said the reduction would take effect from December 14, 2020.

Ngige disclosed this while speaking with journalists at the end of a meeting with labour leaders which began at 9pm on Monday and ended at 1:30 am on Tuesday.

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He said a technical committee has been set up by the larger house to ensure price stability in the oil industry.

The Nigerian government has ordered the reduction of pump price of petrol from N168 per litre to N162.44 per litre.

Minister of Labour and Employment, Chris Ngige said the reduction would take effect from December 14, 2020.

Ngige disclosed this while speaking with journalists at the end of a meeting with labour leaders which began at 9pm on Monday and ended at 1:30 am on Tuesday.

He said a technical committee has been set up by the larger house to ensure price stability in the oil industry.