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#PensionReform
NG_Gov
@NG_Gov
News
STATEHOUSE PRESS RELEASE NNPC RETAIL FORGOES PETROL PROFIT MARGIN TO OFFER SOME SUPPORT TO NIGERIAN HOUSEHOLDS AMID GLOBAL PETROL CRISIS; FG ANNOUNCES ADDITIONAL MEASURES The Nigerian National Petroleum Company (NNPC) agreed today to forgo its petrol retail profit margin and sell to Nigerians at cost to cushion the impact of global crude oil price shocks and volatility on vulnerable households. NNPC Retail, which already sells petrol at the lowest price in the market, will offer this new deal within the next 30 days. This means if NNPC's landing cost is N1300, it will sell fuel to ...
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399
7 hours
DailyNews
@PostedNG
News
1 PRESS BRIEFING Fuel Prices and the Subsidy Question By Professor Taiwo Oyedele Honourable Minister of Finance and Coordinating Minister of the Economy Opening Good afternoon, ladies and gentlemen of the press. Thank you for joining us. Today we want to speak plainly about the price of fuel. We know what it means for the commuter in Lagos, the farmer in Kano and the trader in Aba. Prices have risen, and Nigerians are feeling it. That concern is legitimate, and this government recognises it. In recent weeks, there has been debate about proposals to return to fuel subsidy, including on...
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391
7 hours
DailyNews
@PostedNG
News
President Bola Ahmed Tinubu, GCFR, fully settles inherited pension liabilities of over N39BN owed to Nitel/MTEL and other Federal Government Parastatals.
#RenewedHope
#PensionReform
#GoodGovernance
#PublicService
#Niger...
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568
3 months ago
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