Contrary to recent speculations, there will be no increase in
fuel price by April 1st, a PPPRA official recently disclosed to
the News Agency of Nigeria (NAN) this past Friday.
"I can tell you categorically that there is no plan by the
Federal Government to increase the price of fuel on April
1 or any time.
It is a rumour. Provisions for subsidy have already been
made in the 2012 budget, and as such, there is no plan
to fully deregulate the downstream sector in 2012, he
said.
According to him, “the Committee on subsidy probe is due to
submit its report next week. The nation is anxiously waiting
for that report. It will be unthinkable to suggest that
government intends to increase the price of fuel.”
Already, fuel queues have started building up in some parts
of the country as Nigerians anticipate an increase in fuel
price come April 1st.

www.cp-africa.com/2012/03/31/fuel-subsidy-removal-increase-in-fuel-price-by-april-1-no-says-pppra-official/