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FG reduces fuel pump price to N87 per litre

The Federal Government has slashed the pump price of petrol from N97 per litre to N87 per litre.

The announcement was made Sunday night by Minister of Petroleum Resources, Diezani Alison-Madueke.

She stated that the new price regime would take effect immediately.

According to her, the N10 reduction in fuel price was necessitated by the reduction in crude oil prices in the international market.

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