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By Correspondent in Abuja
The Federal Government has reduced the pump price of premium motor spirit(fuel/,from N168 per litre to N162.44 per litre, effective from December 14, 2020.
Dr Chris Ngige, the Minister of Labour and Employment disclosed this to journalists in Abuja at the end of a meeting with labour leaders which lasted over five hours which ended 1.30 a.m on Tuesday.
Ngige further disclosed that a technical committee had been set up by the larger house to ensure price stability in the industry, adding that it would report back to the lager house on Jan.25,2021
According to the Minister, the aim is with a view to appraising the market forces and every other thing that will make for stability in the industry.
