Now that PMS subsidy is gone completely, i think how to cushion its effect on inflation and
Nigerians should be next step.The palliative
that would be beneficial to both d economy nd
ordinary people is to increase d USD reserve
to bring down d rate of USD to ngn exchange.
A uniform rate of #400 to usd, PMS retail price
can't be more #300.I don't want to hear #5k
being shared or fg buying buses.GEJ removed
PMS subsidy in 2012 nd the retail price was 145 because the exchange was reasonable. Its exchange that is going to determine the price
of PMS whether multiple refineries come on board or we still continue to import PMS in next 12months.