The Federal Government today, Wednesday removed
subsidy from sale the Premium Motor Spirit (PMS), otherwise known as petrol or
fuel, which will henceforth sale for N145 per litre, reports ITRealms.
Announcing this after a meeting in Abuja today,
monitored through the African Independent Television (AIT), ITRealms gathered that the Minister of State for
Petroleum, Dr. Emmanuel Ibe-Kachikwu made this disclosure.
According to him, the Federal Government at the
same time opens the space for independent marketers to import petrol into the
country.
He explained that marketers are now free to bring
in cargoes and sell, subject to meeting standard quality control.
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