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Nigeria has Devised System that ll Work in Education Sector, Says Sanwo-Olu
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Govs Obaseki, Makinde, Ikpeazu Lead Launch Of PDP e-registration, CVR Drive In Anambra
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• Recommend purchase of buses to cushion effects of price increase
By Chuks Okocha
Ahead of today’s Federation Accounts Allocations Committee (FAAC) meeting, the Nigeria Governors’ Forum (NGF) yesterday at its virtual meeting considered the report of a committee headed by Kaduna State Governor, Mallam Nasir el-Rufai, and accepted its recommendation that backs full deregulation of petrol, and suggests that the pump price of the product should hover around N385 per litre.
The committee also recommended that the federal government should buy 113 buses to cushion the effects of the price increase, a reliable source at the meeting told THISDAY.
el-Rufai’s six-man committee was set up ea
A Committee set up by the Nigeria Governors’ Forum, NGF headed by Governor Nasir-el Rufai has recommended full deregulation of the of the price of premium motor spirit, popularly known as petrol.
The forum said this in a communiqué issued on Wednesday night after its 30th teleconference.
As contained in the Communique, el-Rufai, gave a briefing on the appropriate pricing of PMS in Nigeria, calling for full deregulation.
It quoted el-Rufai as noting that between N70 billion and N210 billion was estimated to be spent every month to keep petrol price at N162/litre, “a situation that is completely unsustainable.”
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Southern governors ban open grazing
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From Left: Governor Godwin Obaseki of Edo; Dapo Abiodun of Ogun, Akwa Ibom Deputy Governor, Moses Ekpo; Governor Willie Obiano of Anambra, Douye Diri of Bayelsa, Ebonyi’s David Omahi, Kayode Fayemi of Ekiti, Chairman, Southern Governors Forum and Govenor of Ondo, Rotimi Akeredolu; Senator Ifeanyi Okowa of Delta, Nyesom Wike of Rivers, Babajide Sanwolu of Lagos, Enugu State’s Ifeanyi Ugwanyi, Imo Deputy Governor, Placid Njoku; Oyo State Governor, Seyi Makinde and Okezie Ikpeazu of Abia in a photograph after Southern Governors meeting at Government House, Asaba. Tuesday
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