Minister of State for Petroleum Resources Ibe Kachikwu says Petrol price’ll go down in six months

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said Nigerians will be amazed at what will become of the price of Premium Motor Spirit in the next six months.

The Federal Government had on Wednesday announced the removal of fuel subsidy, with a new petrol price band of N135 to N145 per litre, up from N86 and N86.50.

The development has been greeted with mixed reactions, with labour vowing to protest against it.