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No Increase in Fuel Pump Price in June, FG Assures
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The Federal Government, on Friday, through Timipriye Sylva, the Minister of State for Petroleum assured Nigerians that there would be no increase in fuel pump price in the month of June, 2021.
The statement is coming on the heels of heightening speculations that government may jack up the price of petrol following insinuations emanating from last Teleconference meeting of the Nigerian Governors’ Forum (NGF) to the effect that subsidy on Petroleum products is no longer sustainable.
“Once again, it has become necessary to assure Nigerians that despite the huge burden of under-recovery, the Federal Government is not in a hurry to increase the price of Premium Motor Spirit (petrol) to reflect current market realities.
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