NNPC confirms payment but says it’s not for fuel subsidy

The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has not paid fuel subsidies to anyone in the last nine months. The Chief Financial Officer of the company, Alhaji Umar Ajiya, made the clarifications on Monday in Abuja. Ajiya said NNPC Ltd. was only handling Premium Motor Spirit (PMS) importation shortfalls between the company [...]

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