The federal government has said that there is no alternative to the new policy of deregulation of the price of petrol and appealed to the leadership of labour unions and all Nigerians for understanding, as the current hardship would not last long.
Addressing journalists in Abuja, Monday, the Minister of Information , Alh. Lai Mohammed, said that the paucity of foreign exchange has made it impossible for the Nigerian National Petroleum Corporation to continue to solely import petrol.
His words, “Many have been asking why this would happen at this time and what triggered the decision concerning the new framework for petrol products supply, distribution and pricing. Read more