The Federal Government on Monday said it is currently subsidizing petrol at N12.62 per litre. The subsidy figure was for petrol imported directly by the Nigerian National Petroleum Corporation (NNPC) and dispensed at its retail outlets, while the rate was N12.88 per litre for other oil marketers. This is contained in the latest Petroleum Product Pricing […]
The Federal Government said as from January 1, 2016, all retail stations of the Nigerian National Petroleum Corporation would start selling petrol at N86 per litre. Farouk Ahmed, the Executive Secretary, Petroleum Product Pricing Regulatory Agency (PPPRA), announced this at a news conference on Tuesday in Abuja. He also said other oil marketers would sell […]
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