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PPPRA pulls down fuel price template after outrage

Daily Trust - FG inaugurates committee to monitor, stabilise pump price

Others include petrol retailers, independent marketers and the Pipelines Products Marketing Company (PPMC) that had approved the new template. “The inauguration is sequel to the outcome of series of bipartite meetings between the Federal Government and the Organised Labour represented by Nigeria Labour Congress (NLC) and Trade Unions Congress (TUC). “The meeting is to fashion out a mechanism and framework to monitor and stabilise PMS pump price. “You will recall that the last bipartite meeting held on December 7, agreed to lower the PMS pump price by N5 with effect from  Monday, Dec. 14. “This is aimed at bringing relief to the Nigerians. In effect, the pump price is now N162.44k per litre with effect from today, Dec. 14,” he said.

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