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Friday, 6 April 2018

Nigerian govt incures N1.4trn under-recovery on petrol p/a

Nigerian govt incures N1.4trn under-recovery on petrol p/a

Ike Amos 05 April 2018, Sweetcrude, Lagos — The Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, yesterday, called for inclusion of gas and other cleaner fuels for transportation, stating that the Federal Government is currently incurring N1.4 trillion under-recovery yearly on Premium Motor Spirit (PMS) also known as petrol. Kachikwu, who stated this …

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