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TODAY AHA Taxis Fuel marketers have kicked against the N5 reduction in petrol pump price announced by the Federal Government of Nigeria on Tuesday. The marketers said the Federal Government does not have the power to determine the price of petrol unless the country returns to the subsidy system. The Minister of Labour and Employment, Dr Chris Ngige, had announced the petrol price cut at the end of a meeting with labour leaders which began around 9 pm on Monday and ended at 1:30 am on Tuesday. “Our discussion was fruitful and the Nigerian National Petroleum Corporation, which is the major importer and marketers of petroleum products, and customers have agreed that there will be a slide down of the pump price of PMS and that the price cut will get us about N5 per litre and that the price cut will take effect from next Monday, a week today,” he had said.

Mike osatuyiChris ngigeAbubakar maigandiNigerian national petroleum corporationNational operationPetroleum marketers association of nigeriaFederal governmentVice presidentNational operation controllerIndependent petroleum marketers associationநைஜீரியன் தேசிய பெட்ரோலியம் நிறுவனம்தேசிய செயல்பாடுபெட்ரோலியம் சந்தைப்படுத்துபவர்கள் சங்கம் ஆஃப் நைஜீரியாகூட்டாட்சியின் அரசுதுணை ப்ரெஸிடெஂட்தேசிய செயல்பாடு கட்டுப்படுத்தி