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Reps raise alarm over plot to sink Nigeria through fuel subsidy - Vimarsana News

Reps raise alarm over plot to sink Nigeria through fuel subsidy

THE House of Representatives on Monday raised the alarm over alleged plans to sink the country through the controversies trailing the fuel subsidy

Cameroon, Niger, Benin, Mali rely on smuggled petrol from Nigeria: NNPC - Vimarsana News

Cameroon, Niger, Benin, Mali rely on smuggled petrol from Nigeria: NNPC

Neighbouring countries prefer purchasing smuggled petrol from Nigeria rather than importing fuel into their countries.

With Only N5million, You Can Smuggle Petrol Trucks Out Of Nigeria – Government Official Tells National Assembly - Vimarsana News

With Only N5million, You Can Smuggle Petrol Trucks Out Of Nigeria – Government Official Tells National Assembly

Anyone may smuggle trucks of petroleum products out of Nigeria with just N5million, according to an executive of the Nigerian National Petroleum Company Limited (NNPC). This information was provided on Monday by Umar Ajia, the Chief Financial Officer of NNPC Limited, who was testifying before a House of Representatives committee looking into fuel subsidies in Nigeria, Premium Times reports.

With N5m, you can smuggle trucks of petroleum out of Nigeria, official tells Reps - Vimarsana News

With N5m, you can smuggle trucks of petroleum out of Nigeria, official tells Reps

The NNPCL official said some West African and Central African countries have stopped importing petroleum products but depend solely on smuggled products from Nigeria.

Reps: NNPC GMD begins defence on controversial fuel subsidy regime - Vimarsana News

Reps: NNPC GMD begins defence on controversial fuel subsidy regime

Group Managing Director of NNPC Limited, Mele Kyari, is set to present the position on the ongoing investigative hearing into fuel subsidy