Findings by Platforms Africa show that the subsidy is to cost Nigeria an average of N103bn monthly for the 18 months window opened by the President President Muhammadu Buhari has embargoed fuel subsidy removal, a move that will gulp about N1.854 trillion for the 18 months the embargo will last. Findings by Platforms Africa showed that the subsidy is to cost Nigeria an average of N103 billion monthly for the 18 months window opened by the President. The Nigerian government, nonetheless, said that the subsidy on fuel would last…
Read MoreBuhari Embargoes Fuel Subsidy Removal, ‘Okays’ N1.9trn Under-Recovery
