Petrol landing cost at N1,117 pressures NNPC’s ‘secret’ subsidy

Rising landing costs for petrol are set to send the Nigerian National Petroleum Company (NNPC) ‘secret’ subsidy bill rocketing, threatening to exacerbate the already precarious economic situation of Africa’s largest oil producer, BusinessDay’s findings have revealed. At the black-market rate of N1,610 per dollar, findings showed the landing cost of petrol, which includes the product’s … The post Petrol landing cost at N1,117 pressures NNPC’s ‘secret’ subsidy appeared first on Goldmyne TV.

  Updates   Jul 21, 2024   0   51  Add to Reading List
Petrol landing cost at N1,117 pressures NNPC’s ‘secret’ subsidy


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Rising landing costs for petrol are set to send the Nigerian National Petroleum Company (NNPC) ‘secret’ subsidy bill rocketing, threatening to exacerbate the already precarious economic situation of Africa’s largest oil producer, BusinessDay’s findings have revealed. At the black-market rate of N1,610 per dollar, findings showed the landing cost of petrol, which includes the product’s …

The post Petrol landing cost at N1,117 pressures NNPC’s ‘secret’ subsidy appeared first on Goldmyne TV.

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