Find the latest bookmaker offers available across all uk gambling sites Read the reviews and compare sites to quickly discover the perfect account for you.
Wednesday , October 26 2016
Home / Metro News / No Going Back On Fuel Subsidy Removal – PPPRA

No Going Back On Fuel Subsidy Removal – PPPRA


The Federal Government says it has not reversed its decision to remove subsidy on Premium Motor Spirit (PMS) popularly called petrol. In a statement released by the Executive Secretary of the Petroleum Pricing Regulatory Agency (PPPRA), Sotonye Iyoyo, the agency stated that contrary to media reports, what still exists is Price Modulation Policy, through which it considers and reviews pump price of PMS quarterly.

“The Agency also wishes to assure Nigerians that the funds from Over-Recovery in the first quarter (Q1) shall be duly utilized for whatever noticeable imbalance in April 2016 in line with the Price Modulation Principle”. While appreciating the patience of Nigerians, the PPPRA reiterated its commitment to ensuring seamless supply and distribution of petroleum products nationwide.

Check Also


Teacher Admits To Putting His Male Organ Inside The Mouth Of A 12 year old Girl But Denies R*ping Her

20 year old man, Enilolobo Olamilekan who is a Lagos state indigene and a teacher at ...

Leave a Reply

Your email address will not be published. Required fields are marked *