L
LequteMan
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Nigeria- As the prices of crude oil at the international market got close to its 2015 high Tuesday, rising to $62 a barrel, the Petroleum Products Pricing Regulatory Agency (PPPRA) has increased it price template for fuel to N15.82k per litre.
With this latest development, subsidy burden on the government have increased to over N632.8 million daily as the nation consumes about 40 million litres per day.
This is the highest subsidy on price per litre of fuel since the Federal Government reduced the pump price from N97 to N87 per litre.
click here to read more
Source: Guardian
#Nigeria #FuelSubsidy
With this latest development, subsidy burden on the government have increased to over N632.8 million daily as the nation consumes about 40 million litres per day.
This is the highest subsidy on price per litre of fuel since the Federal Government reduced the pump price from N97 to N87 per litre.
click here to read more
Source: Guardian
#Nigeria #FuelSubsidy
