The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said the Nigerian National Petroleum Company (NNPC) Limited’s decision to sell petrol at reduced prices by waiving its retail profit margin does not amount to a return of fuel subsidy. Oyedele explained that the temporary discount, which took effect on October 1, 2026, would be funded entirely by NNPC Retail Limited through the reduction of its earnings […]