Subsidy: Fuel Price In Filling Stations Should Be ₦900 Per Litre – IPMAN’s Chinedu

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Naijanews April 18, 2024 9:26 a.m.

Subsidy: Fuel Price In Filling Stations Should Be ₦900 Per Litre – IPMAN’s Chinedu

I said before that what the government was doing was quasi-subsidy and that has not changed.” When asked what would have been the landing cost of petrol at the depots and tank farms if there was no subsidy on the commodity, he replied, “Going by the steady appreciation of the naira against the dollar lately, the amount being spent as subsidy on petrol should be on the decline.

He said, “I’ve said before that the PMS subsidy had been returned, and the government said it was a lie..

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