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NACCIMA Tasks FG On Reduction Of Diesel Price

Nigerian Association of Chambers Of Commerce, Industry, Mines and Agriculture has tasked the Federal Government to reduce the cost of pump price for diesel.

The association, in a petition to President Muhammadu Buhari, which was addressed to the Director-General of the Federal Competition and Consumer Protection Council, Babatunde Irukera, called for an investigation into “the excessive price of automotive gas oil (ago)/diesel despite a decline in international crude oil prices.”

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“The facts and circumstances upon which our petition is based are outlined as follows: the sudden spread of COVID-19 has plunged many of the world’s oil-producing countries into limbo through closures and general financial uncertainty in China and other major oil and gas consumers,” it said.

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