Buhari approves cut in pms to n130

It seems like you're referring to a recent development in Nigeria. According to reports, President Muhammadu Buhari has approved a reduction in the pump price of Premium Motor Spirit (PMS), also known as petrol, from N145 to N130 per liter.

This decision was made in response to the ongoing fuel scarcity and price hike in the country. The reduction is expected to bring relief to Nigerians who have been struggling with the high cost of fuel and its impact on their daily lives.

It's worth noting that the approval is subject to the implementation of the new price by the Nigerian National Petroleum Corporation (NNPC) and other relevant stakeholders. The NNPC has already announced plans to begin the sale of PMS at the new price of N130 per liter.

What are your thoughts on this development? Do you think the reduction will make a significant difference in the lives of Nigerians?