Fuel subsidy would cost Nigeria over N20trn yearly — Minister

2 hours ago 3
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele

The Federal Government has rejected calls for the instrumentality of petrol subsidy, informing that restoring petrol to its pre-reform terms would outgo much than N20 trillion annually and could yet propulsion the speech complaint towards N3,000 to a dollar and petrol prices to astatine slightest N2,000 per litre.

The station Fuel subsidy would outgo Nigeria implicit N20trn yearly — Minister appeared archetypal connected Premium Times Nigeria.

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