President Muhammadu Buhari has approved the reduction in pump price of premium motor spirit (PMS) from N145 per liter to about N125.

FG sources hinted that the approval followed presentation by minister of state petroleum resources Mr Timipre Sylva to the Federal Executive Council (FEC), on Wednesday.

Bashir Ahmad wrote on twitter ;

President Muhammadu Buhari has approved the reduction in pump price of premium motor spirit (PMS) from N145 per liter to about N125, State Minister for Petroleum Resouces, Timipre Sylva confirmed in a statement this afternoon in Abuja.

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