
No petrol price increase for now – Sylva
The current price of petrol will be retained till the end of June until the ongoing engagement with the organised labour is concluded. The Ministry of Petroleum Resources has confirmed that there would be no increase in the price of Premium Motor Spirit (PMS) popularly referred to as petrol. The Ministry on Friday published this in a statement issued and signed by the Minister of State for Petroleum, Timipre Sylva as a reaction to reports of an impending price increase of petrol. “Once again, it has become necessary to assure Nigerians that despite the huge burden of under-recovery, the Federal…