ALL THERE IS TO KNOW ABOUT PETROL SUBSIDY REMOVAL✍🏽 The Future of petrol supply to domestic market- it’s gloomy for Nigeria because marketers will continue to profit from it whilst also creating artificial scarcity periodically. WE ACHIEVE THESE: – Ensure availability all year long- Improve Nigeria’s foreign reserve for attractive investments – Create employment for our teeming youths- GDP will increase bountifully ✍🏽 Why the Petrol price increase before June? Delaying subsidy removal till that time could cause serious economic crises and nationwide fuel scarcity and hardships. NNPC Ltd was already owing over N2.8Trn and could no longer sustain supply of products to the market. ✍🏽 How will consumers be protected? Industry regulators like the @NMDPRAtweets and consumer protection council @fccpcnigeria will provide and guarantee control. “E ma foh”✍🏽 Will Petrol Price Continue to rise? -Prices will now be controlled by many market forces. It could also go down. @NMDPRAtweets will no longer concern itself with setting pricing templates. Summarily, it’s what Nigeria needs to reap bountiful investments in the oil and gas sector that will provide jobs, improve standard of living and ensure government have enough funds to start and complete projects. #SaveTheEconomy#KickSubsidyOut