Senate to assess, intervene in fuel price hike if necessary – Akpabio Senate President, Godswill Akpabio,has indicated that the Senate is ready to intervene in the recent increase in petrol pump prices set by the Nigerian National Petroleum Company Limited (NNPCL), should the need arise. Addressing Senate correspondents after a plenary session, Akpabio stated that he has yet to make a comprehensive assessment of the price hike but believes it is a result of the ongoing deregulation in the petroleum sector. He explained that deregulation involves removing subsidies to allow market forces...