NNPC petrol price cut is not subsidy — Oyedele

PM NEWS Nigeria | 09-10-2026 09:57am |

In a statement on Friday, Oyedele addressed recent commentary regarding a reduction in petrol prices by the Nigerian National Petroleum Company (NNPC). He stated that the discount should not be described as a return of fuel subsidy. According to him, such characterisation is incorrect. The statement did not provide further details on the nature of the price cut.

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