Why petrol will exceed N200/litre this year, unless…

30 May 2016, Lagos – The Honorable Minister for Petroleum Resources, Mr Ibe Kachikwu, recently, announced a new petrol price of N145/litre; the NNPC GMD, was however, clearly cautious to avoid a definite declaration that the petroleum downstream sector has now become fully deregulated with the almost 60% increase in petrol price; nonetheless, this seeming dictatorship […] More »