BREAKING NEWS: FG HAS REMOVED FUEL SUBSIDY , NEW PRICE IS N145 PER LITRE

Emmanuel Ibe Kachikwu, the petroleum minister.

This is to show that the case of Nigerian economy is becoming more worse. Today, being Wednesday 11 May, 2016 the Federal Government has removed fuel subsidy and without delay, announced the new price which is N145 per litre.

Although, before now many Nigerians have been buying fuel at the rate of N150 and N200 in several places, especially in Lagos and Abuja, Nigeria. "The official pump price now is N145 nationwide.
"This new critical decision and development enacted by federal government by removing fuel subsidy will no doubt, affect 99% of Nigerians and economy today, but with time Nigerians will surely enjoy it," said the petroleum minister, IBE KACHIKWU. "This is one of the worse things Nigerian government has done to Nigerians even as we barely see food to eat due to this sudden increase on foodstuffs, no security, no circulation of our currency, and even power sector is nothing to write home about as in many communities, cities and villages are no longer perceive power supply" said viewers on subsidy removal parliamentary.

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