Friday, 2 June 2017

Senate Panel Okays Fuel Price Increment To N150

A Fresh increase in the pump price of petrol is among the contents of a bill that has been approved by the Senate Committee on Works. It was presented yesterday for enactment by the upper chamber.

The Senate Committee on Works chaired by Senator Kabiru Gaya (APC, Kano) recommended an increase in the pump price of petrol from N145 to N150 for the implementation of the proposed National Roads Fund (NRF). 

The recommendation came a year after President Muhammadu Buhari raised the pump price of fuel from N87 to N145 per litre. 

The report was scheduled for consideration during plenary yesterday, as it was on the order paper. It was however suspended for another legislative day due to time constraint. 

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