Petrol price hike imminent as NNPC declares N120bn subsidy unsustainable

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The Group General Manager, Nigerian National Petroleum Corporation, Mele Kyari, on Thursday said the Federal Government subsidises Premium Motor Spirit with about N120bn ($263.25m) monthly. He said while the actual cost of importation and handling ...

from Google Alert - Business https://ift.tt/3ckP4JN
The Group General Manager, Nigerian National Petroleum Corporation, Mele Kyari, on Thursday said the Federal Government subsidises Premium Motor Spirit with about N120bn ($263.25m) monthly. He said while the actual cost of importation and handling ... https://ift.tt/eA8V8J

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