FG Spent N43bn To Subsidise Petrol In January     The Federal Government, through the Nigerian National Petroleum Corporation, NNPC, paid N43.09 billion as subsidy on Premium Motor Spirit, PMS, also known as petrol, in the month of February 2020, according to data obtained from the Petroleum...

Petrol Subsidy May Rise As Fuel Marketers Demand Higher Margins   The Federal Government may have to spend more on petrol subsidy as oil marketers in the country have called on the Petroleum Products Pricing Regulatory Agency to increase margins on the product now to prevent...

Open Market Price, Petrol Subsidy On Steady Rise - PPPRA   The expected open market price (EOMP) of petrol consumed in Nigeria has remained on a steady increase within the last couple of days, records obtained by from the Petroleum Products Pricing Regulatory Agency (PPPRA) has...

Petrol Subsidy Rises By N58.6bn In Just A Month   The amount spent on fuel subsidy by the Nigerian National Petroleum Corporation increased by N58.6bn within one month, the latest figures released by the corporation on its financial report for July 2019 has shown. According to the...

Petrol Subsidy Gulped N650.2bn In 12 months, Says Report   The Federal Government spent a total of N650.2bn on petrol subsidy in 12 months; Economic Confidential reports and captures the misgivings of stakeholders on the issue The Federal Government spent a total N650.2bn in subsidising Premium Motor...

In 13 Months, NNPC Spent N956bn On Petrol Subsidy An operations and financial report of the Nigerian National Petroleum Corporation (NNPC) has shown that the state oil company spent monies worth N956,765,767,585 on various costs it incurred between October 2017 and October 2018, a period...