Hardship: Tinubu fuel subsidy removal brought price parity – GCEO NNPC, Kyari …C0NTINUE READING HERE >>>
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has said that the removal of the Premium Motor Spirit(Petrol) subsidy by the President Bola Ahmed Tinubu administration has brought about price parity.
According to Channel Television, Kyari disclosed this in a recent interview with journalists.
He spoke on the back of the recent hike in fuel by NNPCL retail outlets to N1,030 per liter from N898.
Speaking on the important of fuel subsidy in June last year, Kyari said that it lead to an end to price arbitrage and deincentivized fuel smuggling…
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