NNPC filling stations to sell petrol at landing cost to cushion global oil price shocks — Presidency

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Nigeria’s presidency says NNPC Retail will sell petrol at landing cost to help cushion consumers from global oil-price shocks. The policy has sparked debate over whether it amounts to a return to fuel subsidies.

The latest decision to have NNPC Retail sell petrol at landing cost has also generated debate over whether the arrangement amounts to a return to fuel subsidy. The post NNPC filling stations to sell petrol at landing cost to cushion global oil price shocks — Presidency appeared first on Premium Times Nigeria.