The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, says the Federal Government is offering a discount on petrol dispensed by the Nigerian National Petroleum Company Limited, NNPCL, for the next 30 days.
Oyedele announced this on Thursday at a press briefing on fuel prices and subsidy questions in Abuja.
He said the discount is not a subsidy, but an arrangement by the government to sell the petrol at cost.
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