In business news, the Nigeria Labour Congress will today come up with its position on the recommendation by governors that the price of Premium Motor Spirit, popularly called petrol, be raised from N162/litre to N408.5/litre.
A committee set up by the Nigeria Governor's Forum had on Wednesday called for immediate removal of petrol subsidy.
It also recommended a petrol price of between N380/litre and N408.5/litre.
However, the Abuja Chamber of Commerce and Industry and the Lagos Chamber of Commerce and Industry on Thursday advised the Federal Government to be tactful when removing petrol subsidy.
They recommended that it be done gradually.
NNPC has been the sole importer of petrol into Nigeria for more than three years running and awaiting for Federal Government's position on the recommendation before it would adjust petrol price.
Officials of both the NLC and the Nigeria Union of Petroleum and Natural Gas workers in separate exclusive interviews had last week argued that the continued imports of petrol by the NNPC was at the detriment of Nigeria's refineries.
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