{"id":33491,"date":"2020-12-15T17:02:47","date_gmt":"2020-12-15T17:02:47","guid":{"rendered":"https:\/\/www.africa-press.com\/nigeria\/?p=33491"},"modified":"2020-12-15T17:02:47","modified_gmt":"2020-12-15T17:02:47","slug":"fg-denies-fixing-new-n162-per-litre-of-petrol-pump-price","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-denies-fixing-new-n162-per-litre-of-petrol-pump-price","title":{"rendered":"FG denies fixing new N162 per litre of petrol pump price"},"content":{"rendered":"

Africa-Press<\/a> – Nigeria<\/a>. <\/strong><\/span>The Federal Government has said it has now taken a back seat in the issue of petrol pricing in the country.<\/p>\n

Minister of Labour and Employment, Senator Chris Ngige, made this known while speaking at the Old Banquet Hall, Presidential Villa Abuja while inaugurating the bipartite plus technical committee on Premium Motor Spirit, PMS, pricing framework on Monday.<\/p>\n

A statement from Ngige\u2019s media office, quoted him as saying that the government did not fix the new PMS pump price that took off in the country on Monday.<\/p>\n

According to him, the new N162.44k fuel price was arrived at from the commercials like demurrage, transshipment and storage.<\/p>\n

\u201cMake no mistake about it. Government has taken the backseat. Government did not fix the price that took off from today.<\/p>\n

\u201cIt was a price reduction gotten from the commercials like demurrage, transshipment and storage.<\/p>\n

\u201cThis Committee is expected to do more to enthrone transparency in the area,\u201d Ngige said.<\/p>\n

Recall that at the last bipartite meeting between the Federal Government and organised labour, represented by the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC), held on December 7, 2020, an agreement was reached to lower the PMS pump price by N5, with effect from today, Monday, December 14, 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. The Federal Government has said it has now taken a back seat in the issue of petrol pricing in the country. Minister of Labour and Employment, Senator Chris Ngige, made this known while speaking at the Old Banquet Hall, Presidential Villa Abuja while inaugurating the bipartite plus technical committee on Premium Motor […]<\/p>\n","protected":false},"author":84,"featured_media":33490,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,28,26],"tags":[1570,254,2000],"class_list":["post-33491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-nigeria","tag-petrol"],"yoast_head":"\nFG denies fixing new N162 per litre of petrol pump price - Nigeria<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-denies-fixing-new-n162-per-litre-of-petrol-pump-price\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FG denies fixing new N162 per litre of petrol pump price\" \/>\n<meta property=\"og:description\" content=\"Africa-Press – Nigeria. The Federal Government has said it has now taken a back seat in the issue of petrol pricing in the country. Minister of Labour and Employment, Senator Chris Ngige, made this known while speaking at the Old Banquet Hall, Presidential Villa Abuja while inaugurating the bipartite plus technical committee on Premium Motor […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-denies-fixing-new-n162-per-litre-of-petrol-pump-price\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-15T17:02:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2020\/12\/img-5fd8d7c608cd6.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"797\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-denies-fixing-new-n162-per-litre-of-petrol-pump-price#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-denies-fixing-new-n162-per-litre-of-petrol-pump-price\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"FG denies fixing new N162 per litre of petrol pump price\",\"datePublished\":\"2020-12-15T17:02:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-denies-fixing-new-n162-per-litre-of-petrol-pump-price\"},\"wordCount\":219,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-denies-fixing-new-n162-per-litre-of-petrol-pump-price#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2020\/12\/img-5fd8d7c608cd6.jpg\",\"keywords\":[\"Africa Press\",\"Nigeria\",\"petrol\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-denies-fixing-new-n162-per-litre-of-petrol-pump-price#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-denies-fixing-new-n162-per-litre-of-petrol-pump-price\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-denies-fixing-new-n162-per-litre-of-petrol-pump-price\",\"name\":\"FG denies fixing new N162 per litre of petrol pump price - 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