Nothing like fuel subsidy, we’re simply paying shortfall on behalf …C0NTINUE READING HERE >>>
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has clarified that it has not paid fuel subsidies to any entity for the past nine years.
This statement was made by Umar Ajiya, the Chief Financial Officer of NNPC Ltd., on Monday, August 19, during an address to the press.
Ajiya emphasized that the company’s financial dealings regarding Premium Motor Spirit (PMS) have been limited to addressing importation shortfalls between NNPC Ltd. and the Federation.
He firmly denied…
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