News Formal

Fuel Subsidy Removal In Line With Petroleum Industry Act; No Need For Panic Buying – Nigerian Downstream Agency, NMDPRA | Sahara Reporters

  • 📰 SaharaReporters
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said that Nigerians should not panic over President Bola Tinubu’s announcement of fuel subsidy removal as it is in line with the Petroleum Industry Act (2021). NMDPRA in a statement by its General Manager, Corporate Communications, Kimchi Apollo, stated that the Petroleum Industry Act (2021) provides for total deregulation of the petroleum downstream sector to drive investment and growth.

Fuel Subsidy Removal In Line With Petroleum Industry Act; No Need For Panic Buying – Nigerian Downstream Agency, NMDPRAThe Nigerian Midstream and Downstream Petroleum Regulatory Authority has said that Nigerians should not panic over President Bola Tinubu’s announcement of fuel subsidy removal as it is in line with the Petroleum Industry Act .

Apollo assured that there is ample supply of fuel to meet Nigerians’ demand, saying that the authority had taken necessary steps to ensure distribution channels remain uninterrupted and fuel is readily available at all filling stations across the country. “We are working closely with NNPC Limited and other key stakeholders to guarantee a smooth transition, avoid supply disruptions, and ensure that consumers are not short changed in any form.

“Therefore, we call on Nigerians to remain calm and resist the urge to stockpile as it poses a significant safety hazard. In the same vein, Operators are advised to refrain from hoarding petrol and causing hardship.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 9. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Nigerian Petroleum Company, NNPC Confirms Plan To Remove Fuel Subsidy, Cautions Against Panic Buying | Sahara ReportersThe Nigerian National Petroleum Company Limited (NNPCL) has given its support to the immediate removal of fuel subsidy by President Bola Tinubu on Monday. This was said by the GCEO of the company, Mele Kyari, in a statement who noted that the company had been spending a huge amount of its profits on fuel subsidy, indicating that its removal would be a huge relief for NNPC.
출처: SaharaReporters - 🏆 9. / 63 더 많은 것을 읽으십시오 »

Insurance Industry Think-tank Research Initiative DebutsA think-tank developmental research initiative that would give all stakeholders an opportunity to make positive contributions on how best to grow underwriting
출처: LeadershipNGA - 🏆 4. / 77 더 많은 것을 읽으십시오 »

Our Newly Unveiled Studio In Lagos 'll Boost Music Industry, Says Lahor Music CEOOur The entertainment industry Saturday received a boost with the unveiling of a studio by Lahor Music WorldWide, which would help to bring lovers of music
출처: LeadershipNGA - 🏆 4. / 77 더 많은 것을 읽으십시오 »