Oyedele: We are introducing price modulation, with a ₦1,350 per litre ceiling that is neither a subsidy nor price control
We are introducing price modulation. Government is negotiating a ceiling of ₦1,350 per litre on the ex-gantry or landing cost of petrol to keep the price stable. When costs rise above the ceiling, refineries and importers will carry the shortfall and recover it later. This is neither a subsidy nor price control.
- Taiwo Oyedele, Minister of Finance and Coordinating Minister of the Economy
Oyedele: We are introducing price modulation, with a ₦1,350 per litre ceiling that is neither a subsidy nor price control
We are introducing price modulation. Government is negotiating a ceiling of ₦1,350 per litre on the ex-gantry or landing cost of petrol to keep the price stable. When costs rise above the ceiling, refineries and importers will carry the shortfall and recover it later. This is neither a subsidy nor price control.
- Taiwo Oyedele, Minister of Finance and Coordinating Minister of the Economy
BREAKING: The Federal Government Announces a 30-Day Discount on Petrol Through NNPC stations
“We are offering a discount on petrol dispensed by NNPC limited for the next 30 days in the first instance with priority for public transporters nationwide. So, it’s not a subsidy, government is just saying we sell to you at cost.”
- Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele
Before you crucify late Sani Abacha’s corps or pour spit on his grave remember America don’t assassinate its puppets rather it preserves them, those who assassinated late Sani Abacha & gave you Bola Tinubu must be lying about whom Abacha truly is, I will die on this hill.
"Do you apologise to football fans? The Premier League says 'sham' contracts, is this a 'sham' club?"
@RobHarris questions Man City chief executive Ferran Soriano after the club was found guilty of all charges related to Premier League's financial rules
https://t.co/3A2kYsOcCZ
Fox News is now claiming that Donald Trump is just a distraction from the more important issue facing this country, which is Hasan Piker.
"They keep dodging the California streamer and keep blaming Trump...They don't know what else to say besides Trump"
🚨🚨 | 𝐁𝐑𝐄𝐀𝐊𝐈𝐍𝐆: Manchester United have IDENTIFIED Antonio Conte as their top target to replace Michael Carrick if performances fail to improve.
[@Corriere]