NNPC Limited’s new nomenclature for subsidy – By Pius Mordi

NNPC Limited’s new nomenclature for subsidy – By Pius Mordi …C0NTINUE READING HERE >>>

By Pius Mordi

When Muhammadu Buhari became president in 2015 he told Nigerians that subsidy for which Goodluck Jonathan was vilified when he sought a marginal increase in petrol pump price had been removed and effected a significant price increase, it did not take long before it emerged that subsidy was still being paid. No, its not subsidy. Its under-recovery, we were told.

In his inaugural speech on May 29, 2023, President Tinubu gleefully announced that subsidy is now a thing of…

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