Petrol should be n70liter not 145 house of reps

It seems like you're referring to a recent development in Nigeria. The House of Representatives has indeed passed a bill to reduce the pump price of petrol from N145 to N70 per liter. This move is aimed at making petrol more affordable for Nigerians and reducing the burden of high fuel prices on the economy.

The bill, which was sponsored by the Minority Leader of the House, Ndudi Elumelu, proposes a reduction in the pump price of petrol to N70 per liter, which is a significant decrease from the current price of N145 per liter. The bill also seeks to remove the subsidy on petrol and allow the market forces to determine the price of the commodity.

The move has been welcomed by many Nigerians who have been grappling with the high cost of living, including the high cost of fuel. However, it's worth noting that the bill still needs to be passed by the Senate and signed into law by the President before it can become effective.

It's also important to note that the reduction in pump price may not necessarily translate to a reduction in the cost of living for Nigerians, as other factors such as transportation costs, food prices, and other essential goods and services may not necessarily decrease proportionally. Nevertheless, the move is seen as a step in the right direction towards making life more affordable for Nigerians.