Fuel Subsidy Controversy: Government Pays Us to Sell at Half the Landing Cost, We’re Not Paying Subsidies – NNPCL

The Chief Financial Officer (CFO) of the Nigeria National Petroleum Company Ltd (NNPCL), Alhaji Umar Ajiya, has clarified the ongoing confusion regarding fuel subsidies and the financial operations of NNPCL. Speaking in Abuja on Monday during the presentation of the company’s 2023 full-year financial results, which recorded a profit of N3.3 trillion, Ajiya disclosed that [...]The post Fuel Subsidy Controversy: Government Pays Us to Sell at Half the Landing Cost, We’re Not Paying Subsidies – NNPCL appeared first on Tekedia.

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