{"id":4119,"date":"2026-10-08T16:53:43","date_gmt":"2026-10-08T16:53:43","guid":{"rendered":"https:\/\/quicknewsnigeria.com\/?p=4119"},"modified":"2026-10-08T16:53:45","modified_gmt":"2026-10-08T16:53:45","slug":"fg-slashes-petrol-price-at-nnpcl-outlets-for-30-days-says-its-not-subsidy","status":"publish","type":"post","link":"https:\/\/quicknewsnigeria.com\/?p=4119","title":{"rendered":"FG Slashes Petrol Price At NNPCL Outlets For 30 Days, Says &#8216;It&#8217;s Not Subsidy&#8217;"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" width=\"588\" height=\"441\" data-attachment-id=\"4120\" data-permalink=\"https:\/\/quicknewsnigeria.com\/?attachment_id=4120\" data-orig-file=\"https:\/\/i0.wp.com\/quicknewsnigeria.com\/wp-content\/uploads\/2026\/10\/1000816155.jpg?fit=588%2C441&amp;ssl=1\" data-orig-size=\"588,441\" data-comments-opened=\"1\" data-image-title=\"1000816155\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/quicknewsnigeria.com\/wp-content\/uploads\/2026\/10\/1000816155.jpg?fit=588%2C441&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/quicknewsnigeria.com\/wp-content\/uploads\/2026\/10\/1000816155.jpg?resize=588%2C441&#038;ssl=1\" alt=\"\" class=\"wp-image-4120\" srcset=\"https:\/\/i0.wp.com\/quicknewsnigeria.com\/wp-content\/uploads\/2026\/10\/1000816155.jpg?w=588&amp;ssl=1 588w, https:\/\/i0.wp.com\/quicknewsnigeria.com\/wp-content\/uploads\/2026\/10\/1000816155.jpg?resize=300%2C225&amp;ssl=1 300w\" sizes=\"(max-width: 588px) 100vw, 588px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The Federal Government has approved a 30-day discount on petrol sold by the Nigerian National Petroleum Company Limited (NNPCL), with public transporters nationwide to be given priority.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, announced the arrangement on Thursday at a press briefing on fuel prices and subsidy questions in Abuja.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The minister insisted that the measure should not be mistaken for a return of the subsidy regime. &#8220;So, it&#8217;s not a subsidy. Government is just saying we sell to you at cost,&#8221; he stated.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to him, the arrangement is a pricing intervention under which the government will sell petrol at cost, without passing on additional margins.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Government has approved a 30-day discount on petrol sold by the Nigerian National<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[9],"tags":[],"class_list":["post-4119","post","type-post","status-publish","format-standard","hentry","category-economy"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack-related-posts":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/quicknewsnigeria.com\/index.php?rest_route=\/wp\/v2\/posts\/4119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quicknewsnigeria.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quicknewsnigeria.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quicknewsnigeria.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quicknewsnigeria.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4119"}],"version-history":[{"count":1,"href":"https:\/\/quicknewsnigeria.com\/index.php?rest_route=\/wp\/v2\/posts\/4119\/revisions"}],"predecessor-version":[{"id":4121,"href":"https:\/\/quicknewsnigeria.com\/index.php?rest_route=\/wp\/v2\/posts\/4119\/revisions\/4121"}],"wp:attachment":[{"href":"https:\/\/quicknewsnigeria.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quicknewsnigeria.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quicknewsnigeria.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}