Revert to old petrol price, Reps tell Presidency

Revert to old petrol price, Reps tell Presidency

• NNPCL refutes price agreement with IPMAN
• NLC, TUC leaders meet FG over price hike

The House of Representatives has asked the Presidency to revert to the old pump price of petroleum products, maintaining that the rising cost of petrol and cooking gas poses a significant threat to the livelihood of millions of Nigerians.

Claims that the Nigerian National Petroleum Company Limited (NNPCL) agreed with the Independent Petroleum Marketers Association of Nigeria (IPMAN) regarding the price of Premium Motor Spirit (PMS), commonly known as petrol, were yesterday debunked by the oil company.

Also, a Federal Government delegation met with the leaders of the Nigeria Labour Congress (NLC) and Trade Union Congress of Nigeria (TUC), yesterday, over the recent fuel price hike amid the high cost of living in the country.

The lawmakers specifically demanded an urgent reversal of the…
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