Fuel will start selling for #145 Naira as buhari officially removes fuel subsidy, according to report the sales of petrol at the ra #145 Naira will be anounce today 11 may 2016.
What we don’t is if fuel will ever go back to it normal rate again. This was done by ex President GoodLuck Ebele who promise that if fuel subsidy is removed fuel price will then be reduce to 60 per litre within 6months, To cut the story short nothing happen till Buhari over take.
That is how fuel was increase fron the #65 it was to #100. It happened that when President Buhari became president he was able to reduce the price of petrol from #100 which Jonathan Ebele increase it down to #86 Naira.
Over this period we have been experiencing some fuel scacity, just to breake the heart of Nigerians today that fuel has increased to #145 due to the removal of fuel subsidy. According to his explaination, the removal of fuel scacity seem to be for a good purpose, but how true will this be in future we don’t know. Hopefully we are expecting things not to be like the promises of Ex-President Goodluck Jonathan Ebele.
The questing many Nigerians are asking is “Was there subsidy removal when Late President Umaru Musa Yar’Adua reduce fuel to #60 per litter? at same time brought peace to Naija Delta by paying them monthly?
If you haven’t read the new lately here is the copy fron Sunnews today