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The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has not paid fuel subsidies to anyone in the last nine years.
The Chief Financial Officer of the company, Alhaji Umar Ajiya, made the clarifications on Monday in Abuja, said the company was only handling Premium Motor Spirit (PMS) importation shortfalls between the company and the federation.
He said:“In the last eight to nine years, NNPC Ltd. has not paid anybody a dime as a subsidy; no one has been paid Kobo by NNPC Ltd. in the name of subsidy.
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