0 comments

FLASH| No Alternative to Deregulation – FG

by on May 16, 2016
 

The Federal Government through the Minister of Information, Alh. Lai Mohammed 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.

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  NTA will compete with CNN, if we get $500m loan- Lai Mohammed

“Gentlemen, we have no choice than to liberalize the price of petrol, if we are to end the crippling fuel scarcity that has enveloped the country, ensure the availability of the products and end the suffering of our people over the lingering scarcity.”

Be the first to comment!
 
Leave a reply »

 

Leave a Response