PRESIDENT BUHARI TO REVERSE PUMP PRICE TO N160 PER LITRE

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The pressure by organised labour on the federal government to reverse the pump price of Premium Motor Spirit (PMS) back to N160 per litre seems to be paying off.

According to the report, resumed negotiations between labour leaders and the authorities suggests the price will be resumed downwards soon.

Government officials also reportedly indicated a willingness to consult widely with the view of agreeing with the position of labour and proposed a new price announcement for a meeting slated for Monday, December 7.

The government said the period between now and then would allow it embark on a wide range consultation over labour’s request

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