Fuel Subsidy Removal: Senate President Says Market Forces To Stabilise Pump Price

The President Of The Senate, Godswill Akpabio, Has Declared That Market Forces, Would Stabilise The Price Of Fuel Soon.

Akpabio Who Made The Declaration During Media Briefing Hinged The Market Forces On Deregulation Of Which According To Him, Would Not Lead To Significant Increase In Fuel Price.

He Explained That The Removal Of The Petroleum Subsidy Is A Necessary Step To Redirect Funds To More Critical Areas.

He Added That An Increase In Product Availability Would Eventually Lead To Lower Prices.

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