Malam Mele Kyari, Group Chief Executive Officer (GCEO), NNPC Ltd. made this known at the NNPC Ltd. Towers in Abuja while briefing the newsmen late Monday night after the pronouncement by the President.
The News Agency of Nigeria (NAN) reports that Tinubu, at his inauguration as the President of the Federal Republic of Nigeria on Monday said the subsidy regime will end with the commencement of his administration.
Kyari, while addressing the newsmen said the removal of the subsidy which had been a burden on NNPC’s cash flow would free up funds to enable optimal operations in the company.
