It all started as speculations while on my usual @NigeriaNewsdesk routine. I usually don’t accept everything in the media. This particular one was no exception.
After the Goodluck Jonathan-led Federal Government increased the official pump price of Premium Motor Spirit (PMS/Petrol) from N65/litre to N140/litre, and later N97/litre in January 2012 after a massive streets protest followed the decision, I thought we had passed this phase.
Since after the increase in the pump price of petrol to N97/litre, I’ve mostly paid N100/litre for petrol as I felt the extra N3 was too not much to argue with the pump attendants over. It’s wasn’t really a big deal until I woke up one morning to discover the pump price of petrol was increasing by the the day from N97/litre last two weeks to N160/litre this last Sunday.