Subsidy Removal: Nigeria’s debt to petrol traders surpasses $6 billion — Report

Nigeria’s debt to petrol traders has surpassed $6 billion, doubling since early April, as the state oil firm, Nigerian National Petroleum Corporation (NNPC), struggles to cover the gap between fixed pump prices and international fuel costs, according to six industry sources. The post Subsidy Removal: Nigeria’s debt to petrol traders surpasses $6 billion — Report appeared first on Nairametrics.

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