The Nigerian Government has spent a whooping N10.413 trillion on fuel subsidy between 2006 and 2019, a period of 14 years, an amount less than what it required to construct and fully equip 38 units of 500-bed World Class Hospitals, checks by Platforms Africa has revealed. The country’s Minister of Information and Culture, Alhaji Lai Mohammed, who said this at a media briefing in Abuja, country’s administrative capital, maintained that the quantum of fund spent subsidising petroleum products during that period translated to an average of N743.8 billion per annum.…
Read MoreNigeria’s N10.4trn fuel subsidy spending can build, equip 38 units World Class 500-bed hospitals – Checks
