Petrol Subsidy Removal : What You Need To Know 🔵Why the petrol price increase before June? Delaying subsidy removal till the end of June 2023 could have caused serious nationwide fuel scarcity as NNPC Ltd was owed over N2.8 Trillion and can no longer sustain sufficient supply to the market.Will NNPC Ltd remain the only supplier of petrol? NNPC Ltd will no longer be the sole supplier of petrol. By Law, no player can control more than 30% of the market. Why did NNPC Ltd publish prices? NNPC Ltd does not fix petrol price for the industry• Like other companies, NNPC Ltd determines its petrol price as the market dictates. Why sell old stock at the new price? Fuel stations cannot restock if they sell at old price and nationwide scarcity will manifest if they do#KickSubsidyOut #SaveTheEconomy