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Friday 9 September 2022

Nigeria spends 13.7 trln on fuel subsidy in 6-year, says NEITI

Nigeria spends 13.7 trln on fuel subsidy in 6-year, says NEITI: “It was evident that the NNPC consistently defaulted on the sales terms of ninety (90) days. The delays ranged from 21 to 55 days. The opportunity cost of this monthly delayed remittance by NNPC was N17.5 billion.

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