Fuel price: NNPCL petrol discount not return subsidy regime – CPPE

The Centre for the Promotion of Private Enterprise, CPPE, has explained why the Nigerian National Petroleum Company Limited’s (NNPCL) temporary petrol price discount does not amount to a return to the fuel subsidy regime abolished by the Federal Government.
CPPE said the initiative was a temporary intervention to cushion Nigerians against rising petroleum prices triggered by shocks in the global energy market, rather than a reversal of the policy of petroleum subsidy removal.
The Chief Executive Officer of CPPE, Dr Muda Yusuf, stated this in a policy brief issued on Tuesday, October 13, 2026, while addressing concerns that the fuel price relief initiative could undermine the governmen...