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Nigeria to rake over ₦1trillion...

The Federal Government has explained its decision...

Nigeria to rake over ₦1trillion annually after deregulation – Minister

The Federal Government has explained its decision to fully remove subsidy from petrol, saying the country stands to rake in over ₦1 trillion annually which would be deployed to fund other critical components of the economy. Minister of State, Petroleum, Chief Timipre Sylva disclosed this Thursday in Abuja in an interview with newsmen. He said; “I believe that this discussion around subsidy has been a vexed issue that has captured the imagination of this country for a long time now. Successive administrations have attempted to deregulate. "But sometimes, some administrations lacked the...

Nigeria to rake...

The Federal Government has explained its decision to fully remove subsidy from petrol, saying the country stands to rake in over ₦1 trillion annually...
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