The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has
said the country will need to revert to the old pump price of N97 per
litre of Premium Motor Spirit, popularly known as petrol, next year.
Kachikwu said the nation’s economy could not adequately support the current price of N87 per litre.
Kachikwu said the nation’s economy could not adequately support the current price of N87 per litre.

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