Why we subsidise petrol – Baru - News Summed Up

Why we subsidise petrol – Baru


On the controversial issue of payment of subsidy, Baru retorted: “Do you want me to remove subsidy? What I am saying is that the landing cost, as should be sold in the pump without under-recovery, should be N171.40. “However, Mr. President has directed that we should maintain all the parameters to ensure that it is sold at N145 per litre. “Those marketers that have hidden products in odd locations better bring them out and sell to the public at N145 per litre, maximum. “This is the directive that we are working on from Mr. President and is being executed to the letter.


Source: The Guardian December 30, 2017 03:45 UTC



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