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NNPC incurs N9.4bn petrol subsidy in 7 days

The Nigerian National Petroleum Corporation (NNPC) has incurred about N9.4 billion in subsidy since Tuesday last week going by its own admission that it has ramped up petrol import by 52 million litres daily to tackle an embarrassing fuel scarcity that marred the holidays. According to the NNPC, 52 million litres of daily petrol importation…

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