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Tuesday, 13 October 2015

Nigeria spends N4tr on subsidy payments in seven years

Nigeria spends N4tr on subsidy payments in seven years
Kunle Kalejaye 14 October 2015, Sweetcrude, Lagos – The Nigerian Extractive Industries Transparency Initiative, NEITI, says its audit reports show that the Federal Government spent N4 trillion on fuel subsidy payments in seven years, 2006 to 2012. Revealing this at a one-day forum on fuel subsidy in Lagos, NEITI’s Director of Communications, Mr. Orji Ogbonnaya Orji, […] More »
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