A princely sum of N1. 149, 385 trillion is estimated to go into the payment of subsidy on petrol imported into the country this year.With the provision of a mere $1 billion, which is about N305 billion in the 2019 budget year…
The post Government to spend N1.149 trillion on petrol subsidy in 2019 appeared first on The Guardian Nigeria Newspaper – Nigeria and World News. …
Ndu Nghamadu
Petrol subsidy hits N2.43b daily
The task of determining the daily consumption and subsidy on petroleum products has been taken over by the Petroleum Products Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC).
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