Petrol to sell for N86/litre from January, 2016 – FG

*Marketers to sell at N86.50;

*New price regime to last for 3 months
*We’ll resist fuel subsidy removal with all our might — NLC

By Victor Ahiuma-Young & Michael Eboh

ABUJA— The Federal Government, yesterday, stated that effective January 1, 2016, Premium Motor Spirit, otherwise known as petrol, would be sold at N86 per litre by the Nigerian National Petroleum Corporation, NNPC Retail stations, while other oil marketers would sell at N86.50 per litre.

The Nigerian Labour Congress said, however, that it would resist with all its might, any attempt to remove fuel subsidy.

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