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| NNPC Towers, Abuja |
•Govt to spend money on
capital projects
Nigerians were yesterday
told to prepare for some tough decisions next year. Petrol subsidy will go to
save cash for capital projects. This will likely push up price from ₦87 a
litre to the former ₦97.
“Price
of refined products today is ₦87. It was ₦97 before it was reduced
and we really have to go back to that because we don’t really have the finance
to remove it,” Minister of State for Petroleum Resources Ibe Kachikwu said.
