FG will make provision for subsidy in 2022 – NNPC

NNPC has revealed that the Federal Government will make provision for subsidy in 2022.

This was disclosed by the NNPC Group Managing Director, Mele Kyari, yesterday at a public hearing organised by the Senate Committee on Finance on the 2022-2024 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP).

Although no provision was made for fuel subsidy in 2021, he informed the lawmakers that the government had begun a conversation with relevant stakeholders to exit the subsidy regime.


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