DAILY POST reports that oil marketers announced on Tuesday a new pump price for fuel across the country.
The development is presently generating reactions as stakeholders decry the level of hardship being imposed on citizens. The statement reads, “The Nigerian Union of Journalists, NUJ, is alarmed by the just announced increase in the pump price of the Petroleum Motor Spirit, PMS, to N617 per liter in Abuja and N568 in Lagos, respectively.
“While we applaud the decision to remove the costly subsidy on fuel, we, however, caution against a hasty implementation of the policy without putting mitigating measures in place to cushion the excruciating effect.
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