Nigerian Govt spent N15.57tn on fuel subsidy in 17 years – NEITI

Nigerian Govt spent N15.57tn on fuel subsidy in 17 years – NEITI …C0NTINUE READING HERE >>>

The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that the Nigerian government spent N15.57 trillion between 2006 and 2023 on the Petrol Motor Spirit(Petrol) subsidy.

NEITI disclosed this recently during the unveiling of its 2022 and 2023 Independent Oil and Gas Industry Reports in Abuja.

The report was unveiled by George Akume, Secretary to the Government of the Federation, Ola Olukoyede, the chairperson of the Economic and Financial Crimes Commission (EFCC)…

>