By Udesinanna Stephen
Following President Bola Ahmed Tinubu’s decision to end fuel subsidy, the Nigeria National Petroleum Company, NNPC Limited, has reacted to the development, saying that it is a welcome decision.
The Chief Executive Officer, CEO of NNPC, Mele Kyari said this lately while addressing the press.
As obtained from the Twitter handle of the Company, @nnpclimited, he said, “The removal of the subsidy, which has been a burden on NNPC Limited’s cash flow, will free up funds to enable optimal operations within the company.”
Commenting on the scarcity of fuel being experienced, he assured Nigerians of a sufficient supply of the product adding that NNPC is monitoring all its distribution networks to ensure compliance.
