Petrol May Sell For ₦340 Per Litre In 2022 – NNPC

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Naijanews Nov. 23, 2021 5:31 p.m.

Petrol May Sell For ₦340 Per Litre In 2022 – NNPC

He said: “There will be no provision for it legally in our system, but I am also sure you will appreciate that government has a bigger social responsibility to cater for the ordinary and therefore engage in a process that will ensure that we exit in the most subtle and easy manner.” He further stated that gas is not under any subsidy regime and therefore irrespective of where it was produced, would follow the global trend.

“Ahead of the target date of mid-2022 for the complete elimination of fuel subsidies, we are working with our partners on measures to cushion the potential negative impact of the removal of the subsidies on the most vulnerable at the bottom 40% of the population.

Kyari who spoke on the increase of prices of cooking gas said it was a demand and supply issue as there is a global challenge on the supply of gas and many countries are now threatened by lack of supply in December..

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