Fuel price: Nigerians should pay far less for petrol – Makinde questions pricing template

The Governor of Oyo State and statesmanlike campaigner of the APM, Seyi Makinde, has said Nigerians should wage importantly little for Premium Motor Spirit, PMS, popularly known arsenic petrol.

He disclosed this successful an interrogation with Arise Television connected Friday.

According to him, determination is corruption successful the country's substance pricing mechanism.

He called for due pricing of petroleum products successful Nigeria and urged the Federal Government and manufacture operators to disclose the pricing template.

Makinde believes that Nigeria's erstwhile substance subsidy authorities was riddled with corruption.

He said:

"What I tin accidental is that the terms of petroleum products should beryllium little than it is today."

DAILY POST reports that petrol prices stood betwixt N1,325 and N1,420 per litre successful Abuja and its environs.

Gantry and depot prices stood betwixt N1,215 and N1,280 per litre, amid a driblet successful crude lipid prices to $96 and $88 per tube for Brent and West Texas Intermediate, WTI, crude, respectively, astatine the clip of reporting.

Fuel price: Nigerians should wage acold little for petrol – Makinde questions pricing template