Nigeria’s Federal Government announces a 30-day discount on petrol sold through NNPC stations, with public transport operators given priority under the scheme. The announcement is made by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, during a press briefing in Abuja, focused on fuel prices and subsidy-related issues.
Outlets report that the discount is intended to lower prices temporarily at retail points where NNPC dispenses fuel. Several sources also mention related measures discussed alongside the discount, including references to landing costs being reviewed and a proposed ceiling for landing costs (reported as N1,350 per litre) to help reduce fuel price volatility. While the outlets differ slightly in the level of detail provided, they agree on the main elements: a time-limited 30-day discount via NNPC and priority access for public transport operators.
