On same day, Kyari said during an interview on ARISE News Channel that the adjustment in petrol pump price was not fixed. He stressed that prices would continue to change in reaction to market forces in the coming weeks.
NNPC had on Wednesday adjusted the pump price of petrol by nearly 200 per cent, from N195 per litre to between N488 and N557 nationwide. The development followed the announcement by Tinubu during his inaugural address on Monday that fuel subsidy was “gone”. Tinubu promised to re-channel the expected savings to education, health and other sectors.
