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Mr Idris said the decision did not represent a return to fuel subsidy, explaining that the NNPC had opted to forgo some of its profits to cushion the impact of higher petrol prices on consumers.
Di Nigeria govment announce 66 naira discount on petrol pump price for govment owned retail stations, but checks show say situation on ground dey different.
NIGERIANS, at the weekend, decried the sale of Premium Motor Spirit (PMS) at the Nigeria National Petroleum Company Limited (NNPCL) retail outlets at N1,405 per litre, despite the euphoria that trailed announcement by the Federal Government to sell the product at a discounted rate.