The Nigerian National Petroleum Company Limited (NNPC Ltd.) has stated that it has not paid any fuel subsidies to anyone in the past nine months.
This clarification was made by the company’s Chief Financial Officer, Alhaji Umar Ajiya, during a briefing yesterday in Abuja.
Ajiya’s statement comes amid ongoing debates and speculation about the status of fuel subsidies in Nigeria, a topic that has been a source of significant public interest.
The CFO emphasized that the NNPC has ceased all subsidy payments, aligning with recent government policies aimed at reforming the petroleum sector.
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This announcement is expected to have implications for the nation’s fuel pricing and distribution, especially as the country continues to adjust to the removal of long-standing subsidy mechanisms.
The clarification also addresses any rumors or misconceptions about continued subsidy payments, providing a clear stance from the NNPC on the matter.
