Fuel: Petrol To Hit 443 Naira Per Litre – N.M.D.P.R.A.

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The Nigerian midstream and downstream regulatory authority has revealed that Nigerians will pay as much as four hundred and forty-three naira for a litre of petrol if the product is deregulated.

The executive director, Finance and account of the company Abioudun Adeniji made this known while presenting the agency’s projections for the 2023-2025 medium term expenditure framework before the House of Representatives committee on Finance.

The Executive Director Finance Abiodun Adeniji further noted that the daily depot truck out from January to August 2022 stands at 62.9 million litres daily.

The lawmakers were however not satisfied with what they described as conflicting figures been dished out by different government agencies on the average litres of PMS being evacuated daily.