Monday, 16 May 2016

Kachikwu appears before House of Reps members to explain fuel price hike

Minister of State for Petroleum Resources, Ibe Kachikwu, was this afternoon questioned by members of the House of Representatives on the increase in petroleum pump price which he announced last week. Kachikwu said if the fuel price is not increased, fuel queues will return, there will be no money in the federation account allocation committee and there will be social disruption. He also said Nigerian refineries are obsolete and require maintenance..

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