Nigeria: FG to Spend N1 Trillion on Petrol Subsidy in 2015
The Federal Government is to spend the sum of N971 billion to subsidise the supply of petrol to Nigerians in 2015, an indication that the administration has no plan to do away with subsidising petrol.
In the same vein, the government plans to give out a total of N260 million to the Subsidy Reinvestment Programme, SURE-P, for intervention in various development agencies.
This is contained in the 2015-2017 Medium.... Read more »
Posted on : Friday , 17th October 2014