THE Nigerian National Petroleum Company Ltd. has assured Nigerians that the ongoing fuel scarcity and queues will be cleared out Wednesday, May 1. Mr Olufemi Soneye, Chief Communications Officer, NNPCL, told the News Agency of Nigeria (NAN) on Tuesday in Lagos. According to Soneye, the company currently has an availability …
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NNPC: Fuel Subsidy, Refinery Rehabilitation Gulped N1.3tn In Five Months
Figures released on Monday by the Nigerian National Petroleum Company Limited (NNPC) showed that the amount spent as subsidy on Premium Motor Spirit, popularly called petrol, and on refinery rehabilitation between January and May this year was N1.301tn. This was disclosed by the NNPC in its latest presentation to the Federation …
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