No More Payment Of Oil Subsidy Going Forward - NNPC - NairalandGroup Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, Monday, hinted of a possible deregulation of the Nigerian downstream petroleum sector, stating that the Federal Government has eliminated subsidy and under recovery in the industry.
Speaking in an interview monitored on a television programme in Abuja, Kyari said, “There is no subsidy and it is zero forever.
Going forward there would be no resort to either subsidy or under recovery of...
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