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The usual outcry by Nigerians on fuel hike, resurfaced on Tuesday when the Minister of State for Petroleum Resources, Chief Timipre Sylva alerted the public to get ready for another increment.
Sylva, who spoke at the launch of the Nigerian Upstream Cost Optimisation Programme in Abuja on Tuesday said, “Since we are optimising everything, NNPC (Nigerian National Petroleum Corporation) needs to also think about the optimisation of product cost because as we all know, oil prices are where they are today: $60.
“As desirable as this is, this has serious consequences as well on product prices. So we want to take the pleasure and we should as a country be ready to take the pain.
Outcry as FG plots to increase fuel price
The usual outcry by Nigerians on fuel hike, resurfaced on Tuesday when the Minister of State for Petroleum Resources, Chief Timipre Sylva al.
The usual outcry by Nigerians on fuel hike, resurfaced on Tuesday when the Minister of State for Petroleum Resources, Chief Timipre Sylva alerted the public to get ready for another increment.
Sylva, who spoke at the launch of the Nigerian Upstream Cost Optimisation Programme in Abuja on Tuesday said, “Since we are optimising everything, NNPC (Nigerian National Petroleum Corporation) needs to also think about the optimisation of product cost because as we all know, oil prices are where they are today: $60.