BREAKING: Fuel price hike looms as NNPC admits financial strain

BREAKING: Fuel price hike looms as NNPC admits financial strain …C0NTINUE READING HERE >>>

The Nigerian National Petroleum Company (NNPC) Limited has admitted to facing financial strain due to the cost of supplying Premium Motor Spirit (PMS), popularly known as fuel or petrol.

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TheNewsGuru.com (TNG) reports Olufemi Soneye, Chief Corporate Communications Officer of NNPC Limited made this known in a statement on Sunday.

Soneye disclosed in the statement that the financial strain has placed considerable pressure on the company and poses a threat to the…

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