Tag: petrol subsidy
FG now spends N600bn monthly on petrol subsidy, claims Rainoil CEO
The chief executive officer of Rainoil Limited, Gabriel Ogbechie, claims the federal government now spends N600 billion on petrol subsidy monthly. Ogbechie ...Falling oil revenue, petrol subsidy affecting full implementation of 2022 budget – Minister
Minister of Finance, Budget and National Planning, Zainab Ahmed, has said oil revenue shortfall and petrol subsidy deductions are challenging the full ...Petrol subsidy will end by 2023, it’s unsustainable – Buhari
President Muhammadu Buhari has said the costly petrol subsidy will end by 2023. Buhari said this on Friday during the presentation of ...FG spends N18.39bn daily on petrol subsidy – Finance Minister
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said Nigeria spends N18.39 billion daily on petrol subsidy payments. She ...