Petrol subsidy hits N1.69bn daily

Petrol subsidy hits N1.69bn daily

The Federal Government now incurs about N1.69bn daily to subsidise petrol consumption, OKECHUKWU NNODIM writes Nigeria currently spends N1.69bn daily as subsidy on petrol despite the decline in the country’s oil exports and the resultant squeeze on the nation’s revenues. While industry experts and highly placed politicians canvass the stoppage of the subsidy regime, President... [Read More...]
Source: Petrol subsidy hits N1.69bn daily

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