The Federal Government, Monday, allayed fears over an impending hike in the price of Premium Motor Spirit, PMS, also known as petrol, stating that the increase in the Bridging Cost component of the pricing template has been absorbed by efficiencies in the sector and savings from ship lightering expenses. This was even as the Nigerian National Petroleum Corporation (NNPC), said it would soon commence the transportation and supply of petroleum products to Kaduna, Kano, Jos and Suleja through pipeline.
Monday 10 April 2017
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