The oil minister predicts that the pump prices will start falling from between next 4 to 6 months.
Kachikwu says the government has done huge work to stabilize the price of the commodity in the market Minister of state for petroleum resources Ibe Kachikwu has assured Nigerians that the price of oil will take a nosedive.
Kachikwu said the falling price of diesel is enough evidence that petrol prices will also crash soon from its current N145 per litre.
The Nation reports that Kachiwu made the prediction while presenting his scorecard on his two years in office to reporters in Abuja. Kachikwu said: “…Once Nigerians throw their trading skill in it, once competition thrives, the prices will continue to tumble.
Posts
No comments:
Post a Comment