The Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd, Mele Kyari has said that the new price of Premium Motor Spirit popularly called fuel will crash very soon as the subsidy removal will trigger more entrants into the importation of refined products.
The GCEO made the explanation in an interview on Arise TV following the ripple effect of the jump in prices of PMS which was triggered by the removal of fuel subsidy in Africa’s biggest economy.
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