Mixed reactions trail new pump price of petrol

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...towards a better life for the people

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VOL. 25: NO. 63027

ONLINE | www.vanguardngr.com

N200

FRIDAY, MAY 13, 2016

N386bn looted Militants give Atiku, Danjuma, Lukman •P.13 funds to finance •P.10 two-week ultimatum budget deficit — FG

Mixed reactions trail new pump price of petrol •Actual cost of PMS is N243.05 per litre — PPPRA •This pain is necessary— TINUBU •New price'll help sustain supply — KACHIKWU •NLC, TUC, NANS, senators, Fayose, Falana, others react

By Soni Daniel, Victor AhiumaYoung, Abdulwahab Abdulah, Michael Eboh & Ediri Ejoh

A

BUJA—Mixed r e a c t i o n s , yesterday, trailed Wednesday's increase in the pump price of petrol to N145 per litre by the Federal Government. While some hailed the government decision, as they see it as a way of addressing the perennial fuel crisis in the country, others believe that the decision was hasty and insensitive. Meantime, petrol stations in most parts of Continues on Page 5

Oil sector deregulation: Naira depreciates by N14 to N334/$ •P.10 PETROL—The usual long queue disappeared at Abakpa Mega Filling Station, Kaduna (right), due to the increase in pump price of petrol. Left, the price board of a fillng station in Lagos, showing the new price, yesterday. Photos: Olu Ajayi&Kehinde Gbadamosi

Buhari wants movement of corrupt persons restricted •P.43 COLUMNISTS: EKITI: How herbalist made father, daughter commit incest See inside

Crooks, torturers and God’s Own country •P.19

Buhari in London

Court okays Ese Oruru to give evidence ‘in camera’ •P.33

Mr & Mrs


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