Nigerians woke up on the first day of January amid joyful celebration, just like any other first day of the year (New Year Day)only to be shocked by a surprise of a new year gift from the Goodluck Jonathan’s led administration of over 116.9 percentage increment of the pump price of P.M.S (premium motor spirit) other wise known as petrol which is from 65 naira per litre to 141 naira per litre, which in other word means “the removal of fuel subsidy or deregulation if you like”.
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