Tuesday, 24 November 2015

Federal Govt. Subsidises Petrol By N10.58/Litre Despite Scarcity



Hmmmmm.with all these long queues at the filling station resulting from fuel scarcity, Nigeruan President Muhammadu Buhari is still subsidising by N10.58 for every litre of the product consumed across the country, latest figures from the Petroleum Pricing Regulatory Agency have shown.


Experts in the oil and gas sector have however urged the President to stop subsidising petrol, explaining that aside from the fact that it would check the illegalities in the system, the removal of subsidy would also help address the issue of fuel scarcity.

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