Good morning! Here is today’s summary of latest Nigerian News from Nigerian Newspapers of Wednesday 31st May 2023
1. Less than 24 hours after President Bola Tinubu declared an end to fuel subsidy, the pump price of Premium Motor Spirit, commonly known as petrol, has skyrocketed to N600 per litre from N195 in many parts of the country.
2. The House of Representatives Ad Hoc Committee on the State of Refineries in the country has said the Federal Government spent a total sum of N11,349,583,186,313.40 from 2010 to date. The Chairman of the committee, Ganiyu Johnson, however, failed to convince the Deputy Speaker, Ahmed Wase, who chaired the Committee of the Whole, to consider the report.
