• We save N100bn monthly from subsidy removal, says NNPC

    We save N100bn monthly from subsidy removal, says NNPC

    The Nigerian National Petroleum Corporation, NNPC, has said it has saved N100 billion monthly through subsidy removal.

    The Corporation said this in a statement released and signed by its Group General Manager Group Public Affairs Division, Garba Deen Mohammed while explaining NNPC’s move to end fuel scarcity.

    According to him, the Corporation has been able to manage prices at current levels through modulations, as a result, saving a whopping N100 billion monthly for the country.

    “We have been able to eliminate subsidy payments […]