Federal Government Pays N169.4bn In August As Fuel Subsidy Reportedly Back

The federal government reportedly paid N169.4 billion as subsidy in August to keep the pump price at N620 per litre. According to the reports, a document by the Federal Account Allocation Committee (FAAC), reviewed on Wednesday, September 20, showed that in August 2023, the Nigerian Liquefied Natural Gas (NLNG) paid $275m as dividends to Nigeria … Continue reading Federal Government Pays N169.4bn In August As Fuel Subsidy Reportedly Back