Oyedele: NNPC Petrol Discount Not Fuel Subsidy
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said the petrol discount announced for Nigerian National Petroleum Company (NNPC) Retail stations does not amount to a return of fuel subsidy. Oyedele explained in a statement on Friday that NNPC Retail would fund the discount by reducing its profit margin rather…
