BREAKING: FG set to reverse pump price to N160 per litre after meeting with labour leaders

The pressure by organised Labour on the Federal Government to reverse the pump price of Premium Motor Spirit (PMS) back to N160 per litre seems to be yielding fruits. At the end of the resumed negotiations between government and the labour movement yesterday night, the Federal Government indicated willingness to consult widely with the view to reviewing the price downward, saying it might unveil the new price at the resumed meeting slated for December 7. The Federal Government said the period between now and then would allow it embark on…