The Nigerian government has announced a drop in pump price of Premium Motor Spirit [PMS] popularly called petrol to ₦87 a litre.
At an on-going press conference, petroleum Minister Dieziani Allison-Madueke says the price drop which takes immediate effect is in response to the fall in global oil market.
PMS currently sells for ₦97 per litre before this announcement.
More details coming up later.
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