NIGERIA is projected to spend a total of N1,595.6 billion (N1.6 trillion) on fuel subsidy in 2018 according to figures presented by Afrinvest, an independent investment banking firm.
In its 2018 Nigerian Banking Sector Report 2018 and An Economic Agenda for a New Government launched in Abuja, the firm also projected that Nigerian banking industry is projected to make a profit of N1.023.9 billion or N1.023 trillion by the end of this year.
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Making a presentation at the Yar’Adua Centre in Abuja, Group Managing Director, Afrinvest (West Africa) Limited, Ike Chioke lamented that the cost of opaque subsidy regime continues to escalate as oil prices rise.
Please enough with the story of fuel subsidy
Fix refineries and stop the fraud . That’s almost 10% of our budget .
Ok, kuntinue
Sai Buhari till 2023
does it mean that buhari is a scammer?,i thought he said that goodluck is scamming Nigerians through subsidy
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Another lies of the Apc Govt exposed, very soon, it will still come out through its mouthpiece to present the country with the tactics of lies, which the party is reputed for, that under their rulership no subsidy paid.
But Mr integrity said there was nothing like subsidy in 2015. Can we then conclude that Mr. integrity has joined the looters.
Is there anything called oil subsidy or something else
https://www.facebook.com/groups/331392293927831/permalink/664231360643921/
APC Buhari Govt is a Scam
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I thought Buhari himself said that subsidy is a fraud. I will urge all presidential hopeful to study Nigeria economy well ,how all parastatall works before campaigning
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