JUST IN: Presidency Explains FG’s Plan to Cut Petrol Price, Announces New Measures

The Presidency has explained the plan by the Federal Government to reduce the impact of rising petrol prices on Nigerians. According to the government, the Nigerian National Petroleum Company (NNPC) will forgo its retail profit margin and sell petrol at cost for the next 30 days, particularly to support vulnerable households and commercial transport operators. […]

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