NNPC filling stations to sell petrol at landing cost to cushion global oil price shocks — Presidency

The Nigerian Presidency has announced a new directive for NNPC Retail filling stations to sell petrol at landing cost. This policy is intended to mitigate the impact of global oil price shocks on domestic consumers.

The initiative has prompted public debate regarding the economic implications of the move. Specifically, analysts and stakeholders are questioning whether selling fuel at landing cost constitutes a de facto return to the fuel subsidy regime that the government previously sought to eliminate.