Tag: Nigerian fuel Subsidy

Nigerian FG to Reduce Oil Subsidy in 2015

The Nigerian Federal Government has disclose it’s plans to subsides the petroleum product by half next year after rapid decrease in crude in global  crude price towards a reversal of its 2015 budget. The president of Nigeria, President Goodluck Jonathan handed over the revised budget figures to lawmakers last week, proposing to spend 458.68 billion naira ($2.59 bln) on petrol …
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