When the Federal Government of Nigeria announced the withdrawal of oil subsidy with effect from 1st of January 2012,Oil marketers responded immediately jacking up the pump price from N65.00 to between N180.00 to N200.00.
The organized labour protested for more than a week and the government re-introduced the oil subsidy and pegged fuel pump price at N97.00 per litre.
Now,Oil marketers are refusing to adjust to the new pump price.
How shrewd these oil marketers are?www.bbcafrica.com