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Nigerian Government to pay Subsidy on Petrol!!

petrol nozzle

FG plans to pay the subsidy on Premium motor spirit (PMS) from the returns of the first Quarter of 2016. 

Petrol actually rose to as high as N99.38 per Litre for independent and major oil marketers and N98.62 per litre for NNPC retail outlets.

The current price of N86 per litre at NNPC outlets was a result of N12.62 per litre as Subsidy on the product. 

Okay Naija, way to go...

This post first appeared on Naija Sniffer: News Gossip Monger, please read the originial post: here

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Nigerian Government to pay Subsidy on Petrol!!


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