Nigeria's leading finance and market intelligence news report.

Here’s why petrol subsidy is not sustainable

The Nigerian National Petroleum Corporation (NNPC) is bending over backwards to reassure Nigerians that it has an adequate supply of products as queues return and prices climb to N170 in some retail outlets in Lagos. The NNPC stocks up on petroleum products often maintaining about 90-day sufficiency, but as oil prices look to go higher,…

Don’t miss another story

Become a BusinessDay Subscriber today.

For insights, facts, figures, and access to opportunities.
Options starting from N1000 Monthly
Already a subsriber?
Whatsapp mobile

Get real time updates directly on you device, subscribe now.

Comments are closed.