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Breaking: President Buhari Reduces Fuel Pump Price From 145 to 125

Olayinka Koya   /  
President Buhari Reduce Fuel Pump Price From 145 to 125
Breaking: President Buhari Reduce Fuel Pump Price From 145 to 125

Nigeria’s President Muhammadu Buhari has ordered the approval of fuel price from N145 per liter to N125, according to a statement by State Minister for Petroleum Resouces, Timipre Sylva, this afternoon in Abuja.

The decision of Nigeria’s president to reduce the price of PMS from N145 per liter to N125, is because of crude oil price fall to $25 per barrel, as coronavirus demand destruction collides with Saudi-Russia Price war.

President Buhari Reduce Fuel Pump Price From 145 to 125
Breaking: President Buhari Reduce Fuel Pump Price From 145 to 125

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Reporting by Olayinka Koya

Olayinka Koya leads GYOnlineNG, an independent publication based in Ibadan, Nigeria. He covers Nigerian music, Nollywood, and the business decisions shaping the entertainment industry.

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