Skip to content
  • Home
  • News
  • Videos
  • Shows
  • Events
  • The Crew
  • Competitions

Live on air

🎧 Listen Live 🔴

Search
Close this search box.
Search
Close this search box.

Fuel Scarcity: NNPC Apologises To Nigerians

The Nigerian National Petroleum Company (NNPC) Limited has apologised to Nigerians for the over three months of pains caused by the nationwide fuel scarcity.

The Group CEO, NNPCL, Mele Kyari, who spoke during an interview on Channels Television’s special election programme The 2023 Verdict on Tuesday, assured the public that the “glitch” will be resolved to everyone’s relief.

The NNPC boss explained that market forces will determine how quickly the situation is resolved, but in his view, the country is going to see substantial and relative ease in the next one week compared to the situation at present.

Kyari had earlier explained that petrol is subsidized at N185 per litre, because the products enters the country at N295 to the litre, and sold at N113 to the marketing companies.

According to him, the average of 63 million litres from January to date, multiplied by 365 days, would mean the country would need N4.27 trillion to maintain the current subsidy requirements.

Share

Recommended Posts

Liverpool Fight Back To Defeat LASK On Europa League Return

Read More...

Nigeria Drops To 40th Position In Latest FIFA Ranking

Read More...

Rupert Murdoch Steps Down As Fox and News Corp Chairman In Favor Of Son Lachlan

Read More...

India Suspends Visas For Canadians As Row Escalates

Read More...

Soludo Announces Free Compulsory Education From Nursery To JSS, Reduces Senior Student Fees

Read More...
Facebook-f Instagram Twitter Youtube Podcast
  • info@lagostalks.com
  • +234 (01)-2701022
  • 26 Keffi Street, Off Awolowo Road, Ikoyi, Lagos
  • 2023 Copyright © Megalectrics Limited
  • Privacy Policy
  • Terms
Facebook-f Instagram Twitter Youtube Podcast
  • Privacy Policy
  • Terms
  • 2023 Copyright © Megalectrics Limited

🎧 Listen Live 🔴

LAGOS TALKS

91.3 FM

Lagos Talks on 91.3 FM, is a radio station, operating the TALK Format. It is focused on creating and encouraging conversations about issues that affect all residents of Lagos. The conversations will be moderated by seasoned qualified professionals and subject matter experts, to ensure that all viewpoints are articulated, and all sides of the discussion are heard.

  • About Us
  • Advertise with us
  • Shows
  • The Crew
  • Contact Us
  • Privacy Policy
  • Terms
  • 2023 Copyright © Megalectrics Limited
Facebook-f Instagram Twitter Youtube Podcast

🎧 Listen Live 🔴

  • Home
  • About Us
  • Videos
  • Shows
  • The Crew
  • News
  • Contact Us
  • Advertise with us
Facebook-f Instagram Twitter Youtube Podcast
  • Privacy Policy
  • Terms
  • Copyright © 2022 Megalectrics Limited