Nigeria
NIGERIA WOULD NOW SPEND ₦21 TRILLION A YEAR ON PETROL SUBSIDY LOKPOBIRI SAYS
Nigeria would be spending about ₦21 trillion annually on petrol subsidy if the previous system had remained in place, according to an estimate by Minister of State for Petroleum Resources Heineken Lokpobiri. The minister used the figure to defend President Bola Tinubu's decision to end the subsidy in 2023 as debate over soaring fuel prices returns to the centre of Nigerian politics.
BigV•13h ago•1 min read