Nigeria is the largest producer of crude oil in Africa, possessing 28 per cent of Africa’s reserve, with petroleum contributing significantly to the country’s economy.
Musa noted that petrol sells lowest price in Nigeria among most African countries despite the average cost of $2.7 per litre globally, which amounts to up N570 per litre. Represented by Mr Vincent Ogbu, her Business Advisor, Eyesan said NNPC’s strategic ambition is driven by three mandates – attain ‘profitability’ and ensure energy security’, while ‘future proofing’ the organization.
Source: News Formal (newsformal.com)
yes if subsidy is removed we may be able to get all those things, but rats will not let us have those things we will still loose those things, so back to square one.
Nonsense, these are fake loses, no one pays for his own resources, don't forget the oil freely belongs to us
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