Senate denies plan to hike fuel price

President of the Senate, Bukola Saraki, has denied that the upper chamber of the National Assembly is proposing an increment in the pump price of Premium Motor Spirit (petrol) by N5 as part of measures to generate funds for road repairs and maintenance.

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Senate

The Special Assistant to the Senate President on New Media, Mr. Bankole Omisore, in a statement on Saturday, denied the report that the legislature such a plan.

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As part of the recommendations in the report by the Senate Committee on Works on the National Roads Fund Establishment Bill 2017, a levy of N5 will be imposed on every litre of PMS and Automobile General Oil (diesel) imported or refined in the country

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