{"id":199616,"date":"2022-06-28T13:18:13","date_gmt":"2022-06-28T12:18:13","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=199616"},"modified":"2022-06-28T13:18:13","modified_gmt":"2022-06-28T12:18:13","slug":"nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2022\/06\/28\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\/","title":{"rendered":"NNPC: Fuel subsidy, refinery rehabilitation gulped N1.3tn in five months"},"content":{"rendered":"<p>Figures released on Monday by the Nigerian National Petroleum Company Limited (NNPC) showed that the amount spent as subsidy on Premium Motor Spirit, popularly called petrol, and on refinery rehabilitation between January and May this year was N1.301tn.<\/p>\n<p>This was disclosed by the <a href=\"https:\/\/www.withinnigeria.com\/news\/2022\/06\/10\/nnpc-makes-n1-7tn-from-crude-sales-in-12-months\/\">NNPC<\/a>\u00a0in its latest presentation to the Federation Account Allocation Committee meeting for the month of June 2022.<\/p>\n<p>Bulk of the oil firm\u2019s spending was on petrol subsidy, as it consumed N1.274tn during the five-month period, while for refinery rehabilitation, NNPC spent N9.11bn in each of the months of January, March and April, amounting to N27.33bn.<\/p>\n<p>An analysis of NNPC\u2019s monthly fuel subsidy spendings indicated a continuous rise in the amount incurred as subsidy by the Federal Government through NNPC.<\/p>\n<p>Data from the national company showed that N210.38bn, N219.78bn, N245.77bn, N271.59bn and N327.1bn were used in subsidising PMS in January, February, March, April and May 2022 respectively.<\/p>\n<p>NNPC is the sole importer of petrol into Nigeria for several years running. Nigeria\u2019s four refineries are not working, though the Port Harcourt refinery is currently under rehabilitation.<\/p>\n<p>The national oil company refers to its subsidy spendings as under-recovery\/value shortfall, and deducts it every month before making any remittance to FAAC, a development that has stopped NNPC from remitting anything to the Federation Account this year.<\/p>\n<p>In its latest presentation to FAAC, the oil firm also informed the committee that it would deduct N845.15bn from what would be shared by the committee next month.<\/p>\n<p>\u201cThe value shortfall on the importation of PMS recovered from May 2022 proceeds is N327,065,907,048.06, while the outstanding balance carried forward is N617bn,\u201d NNPC stated.<\/p>\n<p>It added, \u201cThe estimated value shortfall of N845,152,863,012.97 (consisting of arrears of N617bn plus estimated May 2022 value shortfall of N227,721,200,478.23) is to be recovered from June 2022 proceed due for sharing at the July 2022 FAAC meeting.\u201d<\/p>\n<p>The amount spent on petrol subsidy monthly has been depleting the revenues accruable to the Federation Account and limiting the funds being shared by the three tiers of government.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Figures released on Monday by the Nigerian National Petroleum Company Limited (NNPC) showed that the amount spent as subsidy on Premium Motor Spirit, popularly called petrol, and on refinery rehabilitation between January and May this year was N1.301tn. This was disclosed by the NNPC\u00a0in its latest presentation to the Federation Account Allocation Committee meeting for [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":120429,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[2],"tags":[5370,16071,2571,1193,35333],"class_list":["post-199616","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-faac","tag-federation-account","tag-fuel-subsidy","tag-nnpc","tag-premium-motor-spirit"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>NNPC: Fuel subsidy, refinery rehabilitation gulped N1.3tn in five months<\/title>\n<meta name=\"description\" content=\"Figures released on Monday by the Nigerian National Petroleum Company Limited (NNPC) showed that the amount spent as subsidy on Premium Motor Spirit, popularly called petrol, and on refinery rehabilitation between January and May this year was N1.301tn.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/news\/2022\/06\/28\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NNPC: Fuel subsidy, refinery rehabilitation gulped N1.3tn in five months\" \/>\n<meta property=\"og:description\" content=\"Figures released on Monday by the Nigerian National Petroleum Company Limited (NNPC) showed that the amount spent as subsidy on Premium Motor Spirit,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.withinnigeria.com\/news\/2022\/06\/28\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\/\" \/>\n<meta property=\"og:site_name\" content=\"NEWS PICKS \u2014 WITHIN NIGERIA\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/withinnigeria\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/SodiqAdewaleChocomilo?mibextid=ZbWKwL\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-28T12:18:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/12\/ify_davies\/2021\/12\/13\/NNPC-GMD-Mele-Kyari-says-contracts-for-Kaduna-Warri-refineries-in-June.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"680\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sodiq Lawal Chocomilo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@OChocomilo\" \/>\n<meta name=\"twitter:site\" content=\"@withinnigeria\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sodiq Lawal Chocomilo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2022\\\/06\\\/28\\\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2022\\\/06\\\/28\\\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\\\/\"},\"author\":{\"name\":\"Sodiq Lawal Chocomilo\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#\\\/schema\\\/person\\\/db8593431a99b3751c40316ba4b4a452\"},\"headline\":\"NNPC: Fuel subsidy, refinery rehabilitation gulped N1.3tn in five months\",\"datePublished\":\"2022-06-28T12:18:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2022\\\/06\\\/28\\\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\\\/\"},\"wordCount\":357,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2022\\\/06\\\/28\\\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2021\\\/12\\\/ify_davies\\\/2021\\\/12\\\/13\\\/NNPC-GMD-Mele-Kyari-says-contracts-for-Kaduna-Warri-refineries-in-June.jpg\",\"keywords\":[\"FAAC\",\"Federation account\",\"Fuel subsidy\",\"NNPC\",\"Premium Motor Spirit\"],\"articleSection\":[\"National\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2022\\\/06\\\/28\\\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2022\\\/06\\\/28\\\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\\\/\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2022\\\/06\\\/28\\\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\\\/\",\"name\":\"NNPC: Fuel subsidy, refinery rehabilitation gulped N1.3tn in five months\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2022\\\/06\\\/28\\\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2022\\\/06\\\/28\\\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2021\\\/12\\\/ify_davies\\\/2021\\\/12\\\/13\\\/NNPC-GMD-Mele-Kyari-says-contracts-for-Kaduna-Warri-refineries-in-June.jpg\",\"datePublished\":\"2022-06-28T12:18:13+00:00\",\"description\":\"Figures released on Monday by the Nigerian National Petroleum Company Limited (NNPC) showed that the amount spent as subsidy on Premium Motor Spirit, popularly called petrol, and on refinery rehabilitation between January and May this year was N1.301tn.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2022\\\/06\\\/28\\\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2022\\\/06\\\/28\\\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2022\\\/06\\\/28\\\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2021\\\/12\\\/ify_davies\\\/2021\\\/12\\\/13\\\/NNPC-GMD-Mele-Kyari-says-contracts-for-Kaduna-Warri-refineries-in-June.jpg\",\"contentUrl\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2021\\\/12\\\/ify_davies\\\/2021\\\/12\\\/13\\\/NNPC-GMD-Mele-Kyari-says-contracts-for-Kaduna-Warri-refineries-in-June.jpg\",\"width\":680,\"height\":450,\"caption\":\"NNPCL - Mele Kyari\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2022\\\/06\\\/28\\\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NNPC: Fuel subsidy, refinery rehabilitation gulped N1.3tn in five months\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/\",\"name\":\"NEWS\",\"description\":\"Latest &amp; Trending Nigeria News, Entertainment, Sports\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#organization\",\"name\":\"WITHN NIGERIA MEDIA LIMITED\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2021\\\/01\\\/Logo-dark-bg.png\",\"contentUrl\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2021\\\/01\\\/Logo-dark-bg.png\",\"width\":750,\"height\":500,\"caption\":\"WITHN NIGERIA MEDIA LIMITED\"},\"image\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/facebook.com\\\/withinnigeria\",\"https:\\\/\\\/x.com\\\/withinnigeria\",\"https:\\\/\\\/www.instagram.com\\\/withinnigeria\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/withinnigeria\\\/\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCo0qw0SqhKNTsQQM48FpdTA\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#\\\/schema\\\/person\\\/db8593431a99b3751c40316ba4b4a452\",\"name\":\"Sodiq Lawal Chocomilo\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/87917d701bb342a8e7c12833c7301dab5a0c88c83b2959248027da7ade686bc6?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/87917d701bb342a8e7c12833c7301dab5a0c88c83b2959248027da7ade686bc6?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/87917d701bb342a8e7c12833c7301dab5a0c88c83b2959248027da7ade686bc6?s=96&d=mm&r=g\",\"caption\":\"Sodiq Lawal Chocomilo\"},\"description\":\"Lawal Sodiq Adewale aka CHOCOMILO is an award winning journalist. Mail me at Chocomilo@withinnigeria.com. See full profile on Within Nigeria's TEAM PAGE\",\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/SodiqAdewaleChocomilo?mibextid=ZbWKwL\",\"https:\\\/\\\/x.com\\\/OChocomilo\"],\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/author\\\/adewale_chocomilo\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"NNPC: Fuel subsidy, refinery rehabilitation gulped N1.3tn in five months","description":"Figures released on Monday by the Nigerian National Petroleum Company Limited (NNPC) showed that the amount spent as subsidy on Premium Motor Spirit, popularly called petrol, and on refinery rehabilitation between January and May this year was N1.301tn.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.withinnigeria.com\/news\/2022\/06\/28\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\/","og_locale":"en_GB","og_type":"article","og_title":"NNPC: Fuel subsidy, refinery rehabilitation gulped N1.3tn in five months","og_description":"Figures released on Monday by the Nigerian National Petroleum Company Limited (NNPC) showed that the amount spent as subsidy on Premium Motor Spirit,","og_url":"https:\/\/www.withinnigeria.com\/news\/2022\/06\/28\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\/","og_site_name":"NEWS PICKS \u2014 WITHIN NIGERIA","article_publisher":"https:\/\/facebook.com\/withinnigeria","article_author":"https:\/\/www.facebook.com\/SodiqAdewaleChocomilo?mibextid=ZbWKwL","article_published_time":"2022-06-28T12:18:13+00:00","og_image":[{"width":680,"height":450,"url":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/12\/ify_davies\/2021\/12\/13\/NNPC-GMD-Mele-Kyari-says-contracts-for-Kaduna-Warri-refineries-in-June.jpg","type":"image\/jpeg"}],"author":"Sodiq Lawal Chocomilo","twitter_card":"summary_large_image","twitter_creator":"@OChocomilo","twitter_site":"@withinnigeria","twitter_misc":{"Written by":"Sodiq Lawal Chocomilo","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.withinnigeria.com\/news\/2022\/06\/28\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\/#article","isPartOf":{"@id":"https:\/\/www.withinnigeria.com\/news\/2022\/06\/28\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\/"},"author":{"name":"Sodiq Lawal Chocomilo","@id":"https:\/\/www.withinnigeria.com\/news\/#\/schema\/person\/db8593431a99b3751c40316ba4b4a452"},"headline":"NNPC: Fuel subsidy, refinery rehabilitation gulped N1.3tn in five months","datePublished":"2022-06-28T12:18:13+00:00","mainEntityOfPage":{"@id":"https:\/\/www.withinnigeria.com\/news\/2022\/06\/28\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\/"},"wordCount":357,"commentCount":0,"publisher":{"@id":"https:\/\/www.withinnigeria.com\/news\/#organization"},"image":{"@id":"https:\/\/www.withinnigeria.com\/news\/2022\/06\/28\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\/#primaryimage"},"thumbnailUrl":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/12\/ify_davies\/2021\/12\/13\/NNPC-GMD-Mele-Kyari-says-contracts-for-Kaduna-Warri-refineries-in-June.jpg","keywords":["FAAC","Federation account","Fuel subsidy","NNPC","Premium Motor Spirit"],"articleSection":["National"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.withinnigeria.com\/news\/2022\/06\/28\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.withinnigeria.com\/news\/2022\/06\/28\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\/","url":"https:\/\/www.withinnigeria.com\/news\/2022\/06\/28\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\/","name":"NNPC: Fuel subsidy, refinery rehabilitation gulped N1.3tn in five months","isPartOf":{"@id":"https:\/\/www.withinnigeria.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.withinnigeria.com\/news\/2022\/06\/28\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\/#primaryimage"},"image":{"@id":"https:\/\/www.withinnigeria.com\/news\/2022\/06\/28\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\/#primaryimage"},"thumbnailUrl":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/12\/ify_davies\/2021\/12\/13\/NNPC-GMD-Mele-Kyari-says-contracts-for-Kaduna-Warri-refineries-in-June.jpg","datePublished":"2022-06-28T12:18:13+00:00","description":"Figures released on Monday by the Nigerian National Petroleum Company Limited (NNPC) showed that the amount spent as subsidy on Premium Motor Spirit, popularly called petrol, and on refinery rehabilitation between January and May this year was N1.301tn.","breadcrumb":{"@id":"https:\/\/www.withinnigeria.com\/news\/2022\/06\/28\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.withinnigeria.com\/news\/2022\/06\/28\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.withinnigeria.com\/news\/2022\/06\/28\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\/#primaryimage","url":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/12\/ify_davies\/2021\/12\/13\/NNPC-GMD-Mele-Kyari-says-contracts-for-Kaduna-Warri-refineries-in-June.jpg","contentUrl":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/12\/ify_davies\/2021\/12\/13\/NNPC-GMD-Mele-Kyari-says-contracts-for-Kaduna-Warri-refineries-in-June.jpg","width":680,"height":450,"caption":"NNPCL - Mele Kyari"},{"@type":"BreadcrumbList","@id":"https:\/\/www.withinnigeria.com\/news\/2022\/06\/28\/nnpc-fuel-subsidy-refinery-rehabilitation-gulped-n1-3tn-in-five-months\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.withinnigeria.com\/news\/"},{"@type":"ListItem","position":2,"name":"NNPC: Fuel subsidy, refinery rehabilitation gulped N1.3tn in five months"}]},{"@type":"WebSite","@id":"https:\/\/www.withinnigeria.com\/news\/#website","url":"https:\/\/www.withinnigeria.com\/news\/","name":"NEWS","description":"Latest &amp; Trending Nigeria News, Entertainment, Sports","publisher":{"@id":"https:\/\/www.withinnigeria.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.withinnigeria.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.withinnigeria.com\/news\/#organization","name":"WITHN NIGERIA MEDIA LIMITED","url":"https:\/\/www.withinnigeria.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.withinnigeria.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/01\/Logo-dark-bg.png","contentUrl":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/01\/Logo-dark-bg.png","width":750,"height":500,"caption":"WITHN NIGERIA MEDIA LIMITED"},"image":{"@id":"https:\/\/www.withinnigeria.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/facebook.com\/withinnigeria","https:\/\/x.com\/withinnigeria","https:\/\/www.instagram.com\/withinnigeria\/","https:\/\/www.linkedin.com\/company\/withinnigeria\/","https:\/\/www.youtube.com\/channel\/UCo0qw0SqhKNTsQQM48FpdTA"]},{"@type":"Person","@id":"https:\/\/www.withinnigeria.com\/news\/#\/schema\/person\/db8593431a99b3751c40316ba4b4a452","name":"Sodiq Lawal Chocomilo","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/secure.gravatar.com\/avatar\/87917d701bb342a8e7c12833c7301dab5a0c88c83b2959248027da7ade686bc6?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/87917d701bb342a8e7c12833c7301dab5a0c88c83b2959248027da7ade686bc6?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/87917d701bb342a8e7c12833c7301dab5a0c88c83b2959248027da7ade686bc6?s=96&d=mm&r=g","caption":"Sodiq Lawal Chocomilo"},"description":"Lawal Sodiq Adewale aka CHOCOMILO is an award winning journalist. Mail me at Chocomilo@withinnigeria.com. See full profile on Within Nigeria's TEAM PAGE","sameAs":["https:\/\/www.facebook.com\/SodiqAdewaleChocomilo?mibextid=ZbWKwL","https:\/\/x.com\/OChocomilo"],"url":"https:\/\/www.withinnigeria.com\/news\/author\/adewale_chocomilo\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/posts\/199616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/comments?post=199616"}],"version-history":[{"count":0,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/posts\/199616\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/media\/120429"}],"wp:attachment":[{"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/media?parent=199616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/categories?post=199616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/tags?post=199616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}