BREAKING: Fuel price hike looms as NNPC admits financial strain

BREAKING: Fuel price hike looms as NNPC admits financial strain …C0NTINUE READING HERE >>>

The Nigerian National Petroleum Company (NNPC) Limited has admitted to facing financial strain due to the cost of supplying Premium Motor Spirit (PMS), popularly known as fuel or petrol.

TheNewsGuru.com (TNG) reports Olufemi Soneye, Chief Corporate Communications Officer of NNPC Limited made this known in a statement on Sunday.

Soneye disclosed in the statement that the financial strain has placed considerable pressure on the company and poses a threat to the sustainability of fuel…

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