Group Backs Market-driven Fuel Pricing

Group Backs Market-driven Fuel Pricing …C0NTINUE READING HERE >>>

Amid widespread dissatisfaction over the recent hike in fuel prices, an advocacy group, the Independent Media and Policy Initiative (IMPI), has endorsed a market-determined fuel pricing system.

The group also defended the removal of fuel subsidies and the shift towards a free-market economy.

Fuel prices have surged, ranging from N850 per liter at Nigerian National Petroleum Company Limited (NNPCL) stations to N1,200 per liter at independent stations.

The development has reignited…

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