Post by Samson Abayomi Olubode (@abayomi4sam)

The Federal government through the Minister of Finance, Taiwo Oyedele has announced its plan to introduce fuel price modulation—ceiling fuel price at ₦1,350.
This means, under no circumstances would the price of PMS rise above ₦1,350.
When costs rise above the ceiling, refineries and importers will carry the shortfall and recover it later. What do you think?

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