There is no need for anybody to engage in panic buying/hoarding, as adequate supply has been guaranteed. However, some fuel stations in Lagos have stopped selling pms so as to benefit from the post-subsidy price which is now N141 per litre.
Sunday, 1 January 2012
Fuel Now N141 Naira Per Litre
The price of PMS ( premium motor spirit) will now cost N141 per litre as from today.
This measure was taken so as to save the country some money that could be used for development projects which will amount to N1.2 trillion ($7.5 billion) or about 25 percent of the government’s 4.8 trillion ($29.5 billion) spending plan in 2012.
There is no need for anybody to engage in panic buying/hoarding, as adequate supply has been guaranteed. However, some fuel stations in Lagos have stopped selling pms so as to benefit from the post-subsidy price which is now N141 per litre.
There is no need for anybody to engage in panic buying/hoarding, as adequate supply has been guaranteed. However, some fuel stations in Lagos have stopped selling pms so as to benefit from the post-subsidy price which is now N141 per litre.
