FG plans N1,350/litre cap on petrol landing cost
Taiwo Oyedele, Minister of Finance, says the federal government is negotiating a price ceiling of N1,350 per litre on the ex-gantry or landing cost of petrol. Oyedele, speaking on Thursday at a news conference on petrol subsidy in Abuja, said the plan aims to stabilise pump prices. He said the federal government will also introduce “price modulation”, noting that pump prices “should not have…
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