Nigeria's Fuel Subsidy Debate: NNPCL's Trillions Recorded as Disguised Subsidy

Despite President Bola Tinubu's declaration that fuel subsidy is gone, questions arise as to whether the Federal Government paid N17.5 trillion in subsidy, with some experts suggesting that trillions recorded by NNPCL are a disguised form of subsidy.

26 Jul, 05:08 — 26 Jul, 05:08

Post Share

Sources

Showing 1 of 1 sources

vanguard-ngMixed31d ago

Did FG pay N17.5trn in subsidy despite removal?

•Dele Oye: Trillions recorded by NNPCL is subsidy in disguise By Nnamdi Ojiego When President Bola Tinubu declared on May 29, 2023 that “fuel subsidy is gone,” it marked what many believed was the end of one of Nigeria’s most expensive and controversial fiscal policies. The announcement triggered an immediate rise in petrol prices, sparked […] The post Did FG pay N17.5trn in subsidy despite removal? appeared first on Vanguard News.

By Nwafor

Read full article →

PERSPECTA

PERSPECTA

Nigeria's Fuel Subsidy Debate: NNPCL's Trillions Recorded as Disguised Subsidy

Sources

Did FG pay N17.5trn in subsidy despite removal?

Related Stories

Nigerian Vigilante Group Urges Federal Government to Equip Members Ahead of 2027 Elections

Flavio Bolsonaro Pledges Public Debt Ceiling in Brazilian Presidential Bid

EU Regulators Open Dialogue With Meta Over Addictive Platform Design

Hungary to Establish National Animal Protection Authority

PERSPECTA