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Petrol to cost N340/litre after subsidy removal in 2022 – NNPC boss

Petrol may cost N340 per liter in 2022 as the subsidy regime for petroleum products will come to an end in February 2022. This was revealed by NNPC boss, Mele Kyari. Kyari made this known at the presentation of the World Bank Nigeria Development Update, November 2021 edition titled “Time for Business Unusual” on Tuesday, November 23. “There will be no provision for it legally in our system, but I am also sure you will appreciate that government has a bigger social responsibility to cater for the ordinary and therefore…

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How I burnt my baby to death within 30 minutes – Mother weeps in Calabar

A tragic incident has happened in Calabar which has cost the life of a one-year-old baby. A baby was burnt to death in Calabar, the Cross River State capital, as a result of a candlelight fire in a thatched house. The incident was said to have occurred at the Eta Agbor area of Calabar Municipality on October 9. When NAN visited the area, it was observed that the thatched house was completely burnt down. Ms Glory Etim-Akpan, mother of the child, told NAN that her child was sick and so…

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“It Cost Me N2.5 Million To Live In Nigeria For Two Months” – Uk-based Woman

A Nigerian woman based in the United Kingdom has lamented the cost of living in the country after spending N2.5 million naira in two months. The Twitter user who visited Nigeria took to Twitter to share her experience in the country. According to her, “food is the most expensive commodity in Nigeria”. She then goes on to say her heart bleeds for the poor in Nigeria. Her tweet reads: “Just got back from Nigeria and I can tell you now, 1m can not do much , It cost me N2.5m to…

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Nigerians Lament As Petrol Cost Hits N256, Subsidy N150b

The Nigerian National Petroleum Corporation (NNPC) has announced that the cost of a litre of petrol has hit N256 and it is absorbing between N140-N150 billion in monthly subsidy to sell to consumers at N162. But the octopus corporation blamed fuel smugglers for worsening the situation, as daily consumption jumped to to 103 million litres per day in May, as against the usual 50-60 million litres. The Group Managing Director (GMD), NNPC, Mele Kyari, made this known on Tuesday at stakeholders meeting organised by the corporation to discuss how best…

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