The Federal Government is still paying N1 trillion monthly as petrol subsidy despite the pronouncement of President Bola Tinubu on May 29, 2023 that the era of subsidy was gone. The Managing Director/CEO of Pinnacle Oil and Gas Limited, Robert Dickerman, made the revelation in Abuja. Dickerman, the head of the indigenous oil and gas company active across the entire downstream value chain, spoke during the Panel Session 6 on Nigeria’s Downstream Forum at the just-concluded Nigeria International Energy Summit. He was quoted by Vanguard News as having said: “Nigeria…
Read MorePetrol Subsidy: Nigerian Govt Still Paying About N1trn Monthly — Pinnacle Oil MD
