FUEL is one of the components which drives the national economy. Any adjustment in the pump price of fuel affects the price of goods and services in the country.
If the price of fuel goes up, this leads to a corresponding increase in the price of goods and services and the opposite is true.
In view of the reduction in the fuel pump price there should be a general decrease of prices for goods and services.
This will ultimately benefit the consumers.
companies are also bound to benefit as the cost of doing business will be lower than before the price reduction was effected.
All things being equal, the reduction in the pump price of fuel should benefit the final consumers and business entities.