The Nigerian National Petroleum Company Limited’s Group Managing Director and Chief Executive Officer has warned that fuel could cost N340 per liter in 2022, when the subsidy scheme for petroleum products expires in February 2022.
On Tuesday, November 23, the NNPC chairman mentioned this during the World Bank’s Nigeria Development Update, November 2021 edition, headlined “Time for Business Unusual.”
“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 engage in a process that will ensure that we exit in the most subtle and easy manner.”he said
Fuel subsidy removal would be realized in 2022, according to Kyari, because it was now firmly backed by legislation, and the price of the commodity might vary between N320 and N340 per litre.
He explained that the increase in cooking gas costs was due to a demand and supply issue, since there was a global gas supply bottleneck, and many nations were now facing a scarcity of supplies in December.
He did say, though, that the corporation was attempting to increase local production in order to fulfill demand.
In other news, OAP and leader of the Free the Sheeple movement, DaddyFreeze, has responded to a Facebook user who said he had a terrible dream about him.
According to this Facebook user identified as Williams Chimobi, he dreamt that Daddy Freeze was burning in hellfire. He urged him to seek repentance now and give his life to Christ. Above all, he asked him to start giving tithe and stop misleading the masses.
Dear Freeze, I dreamt that you’re in hell Repent now and give your life to christ. Start giving tithe and stop misleading people sir. Thank you and God bless you”he wrote
Daddy Freeze who chanced upon the comment slid under it to reply. In his response, he postulated that the Facebook user dreamnt that he is hell because he (Williams) is living in hell in reality.
See the exchange below;
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