Kachikwu Puts Under-recovery on Petrol Imports at N1.4tn

Kachikwu Puts Under-recovery on Petrol Imports at N1.4tn

Chineme Okafor in Abuja The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, Thursday put the under-recovery, a euphemism for subsidy, arising from the importation and sale of petrol at the government regulated price of N145 per litre at N1.4 trillion per annum. Speaking at a meeting in Abuja where operators in Nigeria’s Liquefied […]

The post Kachikwu Puts Under-recovery on Petrol Imports at N1.4tn appeared first on THISDAYLIVE.

Source: Kachikwu Puts Under-recovery on Petrol Imports at N1.4tn

-----
post culled from thisdaylive