Federal Government can no longer pay N120bn fuel subsidy monthly, says NNPC

_*• says actual cost of petrol now N234 per litre, but Government subsidises by paying N72 on every litre to keep price at N162*_ ———————————— The Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, on Thursday, said the Federal Government subsidises Premium Motor Spirit with about N120 billion monthly. He said while the actual…

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