Fuel price hike: Nigerian economy not ripe for full-blown deregulation – CPPE

Reverse fuel price hike now – CPPE tells NNPC

Fuel price hike: Nigerian economy not ripe for full-blown deregulation – CPPE …C0NTINUE READING HERE >>>

The Centre for the Promotion of Private Enterprise, CPPE, has condemned the latest fuel price hike by the Nigerian National Petroleum Company Limited.

This comes as NNPCL increased fuel pump prices from N1,030 and N998 per liter in Abuja and Lagos from N897.

Reacting to the latest fuel pump price hike, CPPE said Nigeria is not ripe for full-blown deregulation of petrol.

The Director of CPPE, Muda Yusuf, disclosed this in a statement to DAILY POST on Wednesday.

He said the latest fuel pump price hike is regrettable.

According to him, commercial considerations should not completely…

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