Fuel subsidy removal not to punish Nigerians, says FG

  THE Federal Government has said the deregulation of the downstream sector of the oil industry is not aimed at causing hardship on Nigerians but opening up the sector for growth and investment. It noted that even though the take off of the deregulation policy has brought about an initial hike in the price of fuel, government is taking measures to check the trend through the active participation of Nigerian National Petroleum Corporation {NNPC} in the sale of fuel to guard against profiteering ...
Read the rest of the story on Guardian News

Added January 03, 2012
from Guardian News