Showing posts with label Nigeria; Oil Subsidy. Show all posts
Showing posts with label Nigeria; Oil Subsidy. Show all posts

Monday, March 05, 2018

Oil Subsidy May Return As Cross-Border Losses Hit ₦774m Daily

The Group Managing Director of NNPC, Maikanti Baru Photo: Twitter/NNPC
• PENGASSAN seeks payment of arrears • NLC gives terms for deregulation
The Nigerian National Petroleum Corporation (NNPC) is worried about the proliferation of fuel stations in communities at the nation’s borders which has led to an unprecedented smuggling of petrol to neighboring countries.