Subsidy removal: Spending on petrol may jump 250% to N8tn
kolaking.substack.com
Group Chief Executive Officer, Nigerian National Petroleum Company Limited, Mele Kyari Petrol consumers may pay about N8.4tn for Premium Motor Spirit, popularly called petrol, between July and December 2023 once the Federal Government stops subsidy on PMS in June, latest findings and industry data showed.
Subsidy removal: Spending on petrol may jump 250% to N8tn
Subsidy removal: Spending on petrol may jump…
Subsidy removal: Spending on petrol may jump 250% to N8tn
Group Chief Executive Officer, Nigerian National Petroleum Company Limited, Mele Kyari Petrol consumers may pay about N8.4tn for Premium Motor Spirit, popularly called petrol, between July and December 2023 once the Federal Government stops subsidy on PMS in June, latest findings and industry data showed.