The money spent on subsidising Premium Motor Spirit (PMS), popularly called petrol, rose to ₦1.16tn between January and November 2021, this is according to the latest data from the Nigerian National Petroleum Company (NNPC) Limited. The data also revealed that NNPC’s remittances to the Federation Accounts Allocation Committee (FAAC) in the 11-month period dropped by … Continue reading Petrol Subsidy Hit ₦1.16trn In 11months – NNPC