Fuel Subsidy

Fuel subsidy payment rises to N17bn in one month

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Fuel subsidy payment incurred by the Nigerian National Petroleum Corporation, NNPC, rose by N9.94 billion to N16.785 billion. This was to ensure that the price of Premium Motor Spirit, also known as petrol, did not rise above the official rate of N145 per litre. Data obtained from the NNPC Monthly […]