Petrol consumers have continued to groan under the burden of skyrocketing prices, as Premium Motor Spirit almost hit N400 per litre over the weekend.
“Do you follow forex at the black market at all? Because if you do, you would agree with me, that forex changes every day. If forex changes daily, then, landing costs will also have to change,” the source toldNigerian youths under the auspices of the Nigerian Youth Congress for Peace and Development had called on the President to disband the leadership of the Nigeria National Petroleum Company to address the lingering fuel scarcity in the country.
The statement read, “Nigerian Youth Congress for Peace and Development is saddened by the unbearable level of artificial hardship Nigerians are being subjected to owing to fuel scarcity and the sudden jerk in the price of Premium Motor Spirit by the Nigeria National Petroleum Company Limited .” “According to the Minister: “What is playing out is the handiwork of mischief makers and those planning to discredit the achievements of Mr. President in the oil and gas sector of the economy”
“What we have failed to understand is whether NNPCL no longer reports to the Minister of State for Petroleum and Resources, who is the middle man between them and Mr President, who is the senior minister?
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