The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, says the Federal Government is offering a discount on petrol dispensed by the Nigerian National Petroleum Company Limited, NNPCL, for the next 30 days.
Oyedele announced this on Thursday at a press briefing on fuel prices and subsidy questions in Abuja.
He said the discount is not a subsidy, but an arrangement by the government to sell the petrol at cost.
“We are offering a discount on petrol dispensed by NNPC limited for the next 30 days in the first instance with priority for public transporters nationwide. So, it’s not a subsidy, the government is just saying we sell to you at cost,” he said.
Enjoying this article? Support our work with a small crypto donation.
Discover more from NAIRAVOICE.COM.NG
Subscribe to get the latest posts sent to your email.
Enjoyed this? A small crypto donation helps us keep publishing.
