Petrol and diesel floor price suggestion to be looked into

PUTRAJAYA: The Domestic Trade and Consumer Affairs Ministry will look into calls to impose a floor price for petrol and diesel due to plummeting global oil prices.

Newly-minted minister Datuk Alexander Nanta Linggi said it was still too early for him to make any decision, but believed that any suggestion for the people’s benefit would be considered."If it is good, we recommend it to the government. But it is too early for me to say. This needs an in-depth discussion, ” said Nanta to reporters after attending a welcoming ceremony for him and his deputy Datuk Rosol Wahid at the ministry here.

Last week, the price of RON95 petrol was reduced by 18 sen to RM1.89 per litre, while diesel went down by 17 sen to RM1.96 per litre. “If anything that is already in place or was proposed... if they are good for the rakyat, then we will keep it, why not?” “Our core business is the rakyat and we must come up with policies that can help ease their burden, ” said Nanta.

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