Fuel subsidy would cost Nigeria over N20trn yearly — Minister

3 weeks ago 43
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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