Nigeria’ll Pay N3trn To NNPC As Fuel Subsidy In 2022

N443 billion allocated for fuel subsidy presently in the 2022 budget cannot last beyond June – Minister   The Federal Executive Council (FEC) has approved N3 trillion for the Nigerian National Petroleum Company, NNPC, Limited to offset payment of fuel subsidy in 2022. Platforms Africa reports that the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, who made the disclosure maintained that the FEC considered the request to make additional funding provision to enable the government to meet incremental fuel subsidy payment in the 2022 budget. She recalled…

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