The leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has projected that the pump price of Premium Motor Spirit (PMS), otherwise known as petroleum, will crash from the current N617/litre to N180..…..CONTINUE READING>>>>>>
Ayodele who predicted this in a recent video asked Nigerians to “be hopeful
This time again, I see fuel price dropping in Nigeria and people will begin to buy petrol at an affordable price.@NNPC limited pic.twitter.com/tVFSxecRZt
— Primate Elijah Ayodele (@primate_ayodele) September 24, 2023
According to him, the forecast springs from what he described as the competition inherent in the PMS price modulation.
It would be recalled that President Bola Tinubu on assumption of office increased the price of fuel from N165 to N530 and from N530 to over N600. As a result, there is a resultant effect on the economic activities in the country.
The cleric said: “I’m seeing a petrol price. Nigerians need to be so patient. The price of petrol will crash.
“Let’s say petrol will still come to about 180 thereabouts. But it might take a bit of time. But not too long. I think some months.”
He added: “Companies that the government has given the license to import, they are going to crash the price. So let us be very hopeful about the price of petroleum.…..CONTINUE READING>>>>>>
