Petrol Price Should Be N400 A Litre After Subsidy Removal, Says PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says the pump price of premium motor spirit (PMS), also called petrol, should be between N360 and N400 a litre, after the removal of subsidy. Festus Osifo, president of PENGASSAN, made this known while speaking to journalists on the sidelines of the association’s national executive council (NEC) meeting, in Abuja on Tuesday. The federal government has projected to spend N3.35 trillion on petrol subsidy (which may be removed by June) this year. READ ALSO: PDP Drops Ayu, Appoints Damagum As Acting…

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