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Nairaland Forum / Nairaland / General / Politics / Subsidy: FG Owes NNPCL N2.8trillion – Kyari (171 Views)
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Subsidy: FG Owes NNPCL N2.8trillion – Kyari by Ventura1: 11:56am On May 31, 2023 |
The Chief Executive of the Nigerian National Petroleum Company Limited, NNPCL, Mele Kyari, on Tuesday said that the federal government is owing the company N2.8 trillion it paid on petrol subsidy. Kyari disclosed this to State House correspondents after he met with President Bola Tinubu at the Presidential Villa, Abuja. He affirmed that the subsidy is no longer sustainable as it has made it impossible for the company to have funds to channel into its core businesses. The NNPCL CEO, who described the announcement made by President Tinubu that subsidy is gone as belated, said the petrol queues that have resurfaced are understandable as marketers will like to understand the meaning of the president’s pronouncement. He said that the uncertainty on the remark also caused consumers to rush for the product and causing queues. The NNPCL boss assured that government will initiate measures to cushion the effects of the removal of subsidy https://www.vanguardngr.com/2023/05/subsidy-fg-owes-nnpcl-n2-8trillion-kyari/ |
Re: Subsidy: FG Owes NNPCL N2.8trillion – Kyari by Ventura1: 11:59am On May 31, 2023 |
I am sure Tinubu must have told Kyari, his government is owing nothing, hence the hike across NNPC stations |
Re: Subsidy: FG Owes NNPCL N2.8trillion – Kyari by SalamRushdie: 12:00pm On May 31, 2023 |
Buhari owes U not Nigeria |
Re: Subsidy: FG Owes NNPCL N2.8trillion – Kyari by baralatie(m): 12:02pm On May 31, 2023 |
Then add cbn 15.51 trillion of cbn |
Re: Subsidy: FG Owes NNPCL N2.8trillion – Kyari by dedonfranco(m): 12:08pm On May 31, 2023 |
Who NNPCL dey own? |
Re: Subsidy: FG Owes NNPCL N2.8trillion – Kyari by Mattswaggz: 12:23pm On May 31, 2023 |
Na everybody Buhari day owe? |
Re: Subsidy: FG Owes NNPCL N2.8trillion – Kyari by Mynd44: 1:14pm On May 31, 2023 |
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