Petroleum marketers have said that President Bola Tinubu adopted the advice of Aliko Dangote, President of Dangote Group, in implementing the total removal of petrol subsidy.
President of the Petroleum Products Retail Outlets Owners Association, PETROAN, Billy Gillis-Harry disclosed this in an interview with DAILY POST.
Gillis-Harry was commenting on the latest hike of the fuel pump price by the Nigerian National Petroleum Company Limited, NNPCL, to N1,030 from N897.
The latest hike in fuel price is the third in two months.
According to Gillis-Harry, the continued adjustments in fuel pump prices showed that the Nigerian Government under Tinubu has listened to Dangote’s call for total subsidy removal.
He, however, did not fault the move to hike the fuel pump price as he said it was in line with the deregulation of the oil and gas sector, as provided by the Petroleum Industry Act