The Minister of Budget and National Planning, Abubakar Bagudu has explained that Nigerian National Petroleum Company Limited, NNPCL, is using fuel subsidy savings to sustain the product’s current pump price. The minister made this known on Channels Television on Saturday, noting that Nigeria’s 2024 budget did not have an arrangement for fuel subsidy. When asked about the amount saved from fuel subsidy since its removal in June 2024, he explained that NNPCL’s contribution because of fuel import outweighed the pump price sold to Nigerians. “That is the issue. If NNPCL is supposed to contribute t…