The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, said on Thursday the price of Premium Motor Spirit (PMS) would drop in the future due to competition among oil companies.
Kyari, who stated this during an interview on Arise TV, said with the removal of subsidy oil marketers would be able to import the product or buy from a producer refining crude oil in Nigeria.
He also addressed the recent increase in fuel prices by the NNPCL.
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