The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has said that fuel prices in Nigeria would be sold between N360 and N400 per litre after the removal of petroleum subsidy by the government.
Festus Osifo, PENGASSAN president, made this disclosure when speaking to journalists on the sidelines of the association’s National Executive Council meeting (NEC) held in Abuja on Tuesday.
Mr Osifo spoke days after marketers and other groups in the downstream sector of the Nigerian petroleum industry said subsidy removal will push fuel prices to N750 per litre.
