Petrol subsidy hits N2.43bn daily as NNPC takes over calculation from PPPRA

The task of determining the daily consumption and subsidy on petroleum products has been taken over by the Petroleum Products Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC). The development came as statistics show that the government currently pays N2.434 billion daily to subsidise petrol.It was gathered that the Petroleum Products…

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