Nigeria Governors’ Forum (NGF) has considered the report of a committee headed by Kaduna State Governor, Mallam Nasir El-Rufai, and accepted its recommendation that backs full deregulation of petrol.
The governors at a virtual meeting on Wednesday reached the decision.
A committee set up by the Nigerian Governors’ Forum (NGF) had reportedly recommended a petrol price of between N380 and N408.5 per litre.
The committee also recommended that the federal government should buy 113 buses for states and major cities as a palliative to cushion the effects of the price increase.