Oil marketers in Nigeria bluntly rejected any attempt to take the country back to the fuel subsidy regime, which gulped N10 trillion of the country’s revenues in the last 10 years. Rising under the auspices of the Major Oil Marketers Association of Nigeria (MOMAN), the marketers declared that the fuel subsidy policy stagnated Nigeria’s economic growth for 10 years. Chairman of MOMAN, Adetunji Oyebanji, who stated this during the first webinar organised by the National Association of Energy Correspondents (NAEC), confirmed an earlier report by Platforms Africa that the…
Read MoreWhy Nigeria’s economic growth stagnated for 10 years – Oil marketers
