Energy

Petrol Subsidy: FG owing NNPC N2.8trn  — Kyari

The Nigerian National Petroleum Company Limited (NNPCL) has revealed that the Federal Government is owing the national oil company a total sum of N2.8 trillion spent on petrol subsidy from its cash flow. Group Chief Executive Officer (GCEO), Mele Kyari…

NNPCL subsidiary generates N256bn — Report

The Nigerian National Petroleum Company Retail Limited, a retail subsidiary of the NNPC Limited group, raked in total revenue of N255.6billion in its 2022 financial year, data from the report on key achievements in 2022 by NNPCL downstream directorate showed.…

Fuel subsidy is gone— Tinubu declares

…Marketers shut gates against motorists, may sell petrol at N450 per litre President Bola Ahmed Tinubu has announced that the regime of fuel subsidy is gone. He made the pronouncement during his inauguration speech at the Eagle Square yesterday. He…