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Posted By MrCover On October 8th, 2026

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, says the Federal Government is offering a discount on petrol dispensed by the Nigerian National Petroleum Company Limited, NNPCL, for the next 30 days.

Oyedele announced this on Thursday at a press briefing on fuel prices and subsidy questions in Abuja.

He said the discount is not a subsidy, but an arrangement by the government to sell the petrol at cost.

“We are offering a discount on petrol dispensed by NNPC limited for the next 30 days in the first instance with priority for public transporters nationwide. So, it’s not a subsidy, the government is just saying we sell to you at cost,” he said.

Source: https://dailypost.ng/2026/10/08/fg-announces-30-day-discount-on-petrol-sold-by-nnpc/