Reactions have continued to trail the federal government directive to
scrap petroleum support fund, also known as fuel subsidy and to peg the
pump price of the Premium Motor Spirit (PMS) to N85 per litre.
There has been mixed reactions since Emmanuel Ibe Kachikwu, the
minister of state for petroleum resources and group managing director of
the Nigerian National Petroleum Corporation (NNPC), made the
announcement yesterday, December 25.
While some Nigerians welcomed the announcement by the federal government, other have described the reduction of petrol pump price from N87 to N85 per litre after the removal of fuel subsidy as a failed attempt to deregulate and regulate sector at the same time.
Naij.com has been tracking some reactions as stated below:
Meanwhile, many Nigerians during the Christmas celebrations wore long faces occasioned by the acute scarcity of petrol which has drastically affected prices of staple food items sold across markets in the contry.
The fuel scarcity continued throughout the Christmas holidays
While some Nigerians welcomed the announcement by the federal government, other have described the reduction of petrol pump price from N87 to N85 per litre after the removal of fuel subsidy as a failed attempt to deregulate and regulate sector at the same time.
Naij.com has been tracking some reactions as stated below:
Meanwhile, many Nigerians during the Christmas celebrations wore long faces occasioned by the acute scarcity of petrol which has drastically affected prices of staple food items sold across markets in the contry.
Mixed Reactions Greet Fuel
![Mixed Reactions Greet Fuel]()
Reviewed by Vita Ioanes
on
Saturday, December 26, 2015
Rating:
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