Rising oil prices could push petrol discount bill to N114bn

BusinessDay | 20-10-2026 03:48am |

Nigeria's month-old programme to sell petrol at a discount through filling stations operated by the Nigerian National Petroleum Company Limited is facing rising costs. The programme, which offers a discount on petrol, may see its bill increase to N114 billion due to rising oil prices. The initiative is operated by the state-owned NNPC and aims to provide cheaper fuel to consumers.

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