The Federal Government has today Wednesday 11th May 2016 announced the removal of subsidy on Premium Motor Spirit,PMS, otherwise known as petrol. The implication of this is that that Nigerians will now have to buy the product for N145 per litre. Before now, the Vice President, Prof. Yemi Osinbajo and the Minister of state for petroleum resources, Dr. Ibe Kachikwu had hinted on the removal of the controversial subsidy which is believed to be the major cause of the crisis in the nation’s petroleum sector.
- Photos: President Buhari signs the 2016 Budget
- Mayowa Samuel Unviels New Song; LORILE AIYE