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Wednesday 11 January 2012

~Rivers Governor Introduces Fuel Subsidy, Cuts Price From N141 To N137~ The Rivers State Government on Tuesday introduced a N4 subsidy on fuel sold in the state. He also announced that the state government would subsidise transport in the state. In a broadcast to the people of the state monitored on Africa Independent Television, Rivers State Governor, Chibuike Amaechi, said the state government had reached an agreement with independent marketers to cut the price from N141 to N137. He said the state government would pay a N4 price differential for every litre of fuel sold in the state. He also said the state government would ensure security for all petrol tankers supplying fuel to filling stations in the state,

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