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Buhari Quietly Approves Another Petrol Pump Price Increase to N185

Buhari Quietly Approves Another Petrol Pump Price Increase to N185 | #IgbereTV

The Federal Government has quietly approved ₦185 as the new petrol pump price per litre, IgbereTV has learned.

A source told The Guardian that the approved pump price was communicated to major marketers in a memo early Friday.

Our correspondent gathered that fuel stations in Lagos have started adjusting their pump price to the approved ₦185 per litre.

The newly approved price comes weeks after there had been nationwide petrol scarcity, leading to long queues in fuel stations since late November 2022.

Although the official pump price was ₦165 per litre many fuel stations sold fuel above ₦200 per litre in Lagos and above N400 per litre in the Southeast and South South regions.

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Emeh James Anyalekwa, is a Seasoned Journalist, scriptwriter, Movie producer/Director and Showbiz consultant. He is the founder and CEO of the multi Media conglomerate, CANDY VILLE, specializing in Entertainment, Events, Prints and Productions. He is currently a Special Assistant (Media) to the Former Governor of Abia State and Chairman Slok Group, Dr. Orji Uzor Kalu. Anyalekwa is also the National President, Online Media Practitioners Association of Nigeria (OMPAN) https://web.facebook.com/emehjames

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