petrol subsidy
It seems Nigeria is not the only African nation cutting down on petrol subsidy as Angola has taken turns to reduce the country’s spending by moving to suspend subsidies on petrol. This was after a meeting held at the nation’s capital Luanda on Thursday where the Minister of State for Economic Coordination, Manuel […]
The Nigerian National Petroleum Company Limited is selling Premium Motor Spirit, popularly called petrol, at a loss because of its mandate from the Federal Government as regards PMS subsidy, the Minister of State for Petroleum Resources, Chief Timipre Sylva, said on Monday. Sylva’s remarks came as oil marketers stated that the supply hitches […]
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