It is not subsidy, it is importation shortfall – NNPCL opens up

NNPC Limited and echoes of 2007 - By Magnus onyibe

It is not subsidy, it is importation shortfall – NNPCL opens up …C0NTINUE READING HERE >>>

The Nigerian National Petroleum Company Limited (NNPC Limited) has disclosed it has not paid fuel subsidy to anybody in the last nine months.

TheNewsGuru.com (TNG) reports Chief Financial Officer of NNPC Limited, Alhaji Umar Ajiya made the disclosure on Monday in Abuja.

TheCable had reported President Bola Tinubu gave approval for a request by NNPC Limited to utilise the 2023 final dividends due to the federation to pay for petrol subsidy. A forecast by NNPC Limited seen by the…

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