DevelopingWorld · Nigeria

Fuel subsidy would cost Nigeria over N20trn yearly — Minister

First reported 2026-10-08 19:46 UTC · Updated 2026-10-09 13:35 UTC · 2 independent sources

According to the minister, NNPC Retail is absorbing the reduction from its profit margin, rather than relying on government funds to lower petrol prices. The post NNPC petrol discount is not fuel subsidy — Finance minister appeared first on Premium Times Nigeria .

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Who reported it

  1. 2026-10-08 19:46 UTCPremium Times · premiumtimesng.com ↗
  2. 2026-10-09 12:35 UTCAllAfrica · allafrica.com ↗

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