The Punch
Federal Government says President Tinubu will support Nigerians during fuel price hike
The Federal Government defended the decision of the Nigerian National Petroleum Company Limited to forgo profits as a buffer against rising petrol costs.
Authorities stated that President Bola Tinubu intends to protect citizens from the effects of increasing fuel prices. This follows the move by the Nigerian National Petroleum Company Limited to waive its profit margins to cushion the impact on the public.
Brief written with AI from reporting by The Punch. All rights to the original story belong to the publisher.