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Nepal Oil Corporation (NOC) has slashed the prices of petroleum products on Friday. The NOC has decided to reduce Rs 1.50 per litre in petrol, diesel and kerosene effective from Friday midnight. According to the new revised rate, the price of petrol will be Rs 100 per litre. Earlier, the price of petrol was Rs 101. 50. Similarly, the price of kerosene and diesel will be Rs 76 per litre each. Earlier, the price of kerosene and diesel was Rs 77.50. The state-owned oil monopoly, however, has not reduced the price of Liquefied Petroleum Gas (LPG). NOC spokesperson Sita Ram Pokharel said the fuel prices were revised in the line with the price list forwarded by Indian Oil Corporation, NOC’s sole supplier. Rastriya Janata Party-Nepal (RJP-N) has reiterated its decision to continue its protest programmes and not to take part in the second phase of local level elections slated for June 28. A meeting of the RJP-N held at its office in Bijulibazaar, Kathmandu, on Friday made the decision accusing the government of postponing the second phase of local polls in Province 2 in a unilateral manner. “The RJP-N meeting has decided to stick to its position of not participating in elections until the government addresses its demands,” read a statement issued by RJP-N Chairman Mahantha Thakur. “The party will continue its agitation as the government put off the polls against the agreement reached with it.” The pre-announced protest programmes of RJP-N will continue until the government addresses its demands, the statement added. The government on Thursday had decided to postpone the local level polls in Province 2 for September 18 to bring the agitating RJP-N on board the election process. The RJP-N, however, has been demanding that the elections should be held after the amendment of constitution and increment of the local units on the basis of population. The party has also been saying that the elections should be postponed in two provinces 2 and 5. Main opposition aligned student wing, All Nepal National Free Students Union (ANNFSU) staged a protest programme against the government decision to postpone the local level elections in Province no 2 in the Capital on Friday. The ANNFSU organised the agitation in front of Ratna Rajya Laxmi Campus in Exhibition Road this morning. The ANNFSU affiliated students burnt the effigy of Prime Minister Sher Bahadur Deuba and CPN (Maoist Centre) Chairman Pushpa Kamal Dahal as a part of their protest. The government on Thursday had decided to postpone the local elections in Province 2 until September 18 as part of its effort to bring the agitating Rastriya Janata Party-Nepal (RJP-N) on board the poll process.