Group calls for immediate action on PMS price surge, transparent petroleum sector reforms

Group calls for immediate action on PMS price surge, transparent petroleum sector reforms …C0NTINUE READING HERE >>>

The Northern Christian Youth Professionals (NCYP) has lauded the recent transition from the importation of Premium Motor Spirit (PMS) to local production and supply in Nigeria.

Chairman of the group, Isaac Abrak, in a statement on Friday, said, “Like any significant change, this shift comes with challenges. The steep surge in the pump price of PMS—from N617 per liter to N855, and in some cases, as high as N1,200—has caused undue hardship on the populace.”

He explained that the…

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