LAI MOHAMMED REVEALS HOW FUEL PRICE INCREASE WILL CREATE MORE THAN 200,000 JOBS FOR NIGERIANS

The Minister for Information and Culture, Mr Lai Mohammed, has said that the increase in fuel prize will make 200,000 occupations available, plus additional 400,000 employments.
He said the extreme move was to end the waiting fuel scarcity in the nation.

Talking at the opening of the Advertisers Association of Nigeria (ADVAN) advertisers’ meeting in Lagos on Friday, May 13, Lai Mohammed clarified the liberalization of petrol supply would guarantee the accessibility of the item.

In an announcement issued by his media aide, Segun Adeyemi, he said: “It would end the repetitive fuel lack by guaranteeing item availability over the nation, reduce hoarding, smuggling and diversion of items significantly, enhances fuel supply circumstance through private segment interest, makes work market dependability, as this will possibly create extra 200,000 jobs through new interests in refineries and retails and averts potential loss of 400,000 employments in existing investment.”