The government says NNPC’s temporary petrol discount is funded by foregone retail margin, not restored subsidy, as crude above $106 increases market pressure....
The NLC’s two-week petrol-price and minimum-wage ultimatum began on October 9 as the Federal Government announced that NNPC Retail would forgo its retail margin and sell petrol at cost for 30 days....
Sampled Abuja stations sold petrol at ₦1,395–₦1,430 per litre on September 13 after Dangote raised its gantry price, but September 14 pump levels remain unverified....
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