$35bn spent on fuel subsidy in five years – Ex-NNPC director

15 September 2016, Lagos – Nigeria spent an estimated $35bn as subsidy on petroleum products out of the $300bn earned from crude oil from 2010 and 2014, a former Acting Group Executive Director of the Nigerian National Petroleum Corporation, Dr. Tim Okon, has said. This is coming as experts have urged the Federal Government to discontinue […] More »