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.
