The Federal Government has said it had no plans to increase the pump
price of Premium Motor Spirit, PMS, popularly known as petrol from the
prevailing pump price of N97 per litre, describing the growing fear of
the people of an imminent price hike as unfounded. Equally, what
appeared to be a major change in its stand, the Federal Government, on
Thursday, said it has not concluded on the proposal to sell Nigeria's
refineries.
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