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NNPC Retail extended its 66-naira-per-litre petrol discount through October 31 for digital payments via its app.
President William Ruto’s embattled government has introduced legislation to extend the temporary relief on petroleum products by another three months.
Nigeria has introduced price modulation in its petroleum industry, a new tool meant to check rising petrol prices without reviving the subsidy regime that ended in 2023. Finance Minister and Coordinating Minister of the Economy, Prof. Taiwo Oyedele, announced it at a briefing in Abuja. A negotiated ceiling of N1,350 a…