The federal government on Thursday has admitted paying as much as N120 billion to subsidise the price of petrol monthly, saying the task is becoming unbearable to the pocket of the NNPC. Kyari stated this during the weekly media briefing organised by the Presidential Communication Team at the State House, Abuja, on Thursday. According to him, the actual cost of importation and handling charges amounts to N234 per litre, while the government is selling at N162 per litre. He added that the NNPC absorbs the cost differential, which is recorded in its...