----- N1.29tn spent on fuel subsidy in two years. Between 2013 - TopicsExpress

----- N1.29tn spent on fuel subsidy in two years. Between 2013 and 2014, a total amount of N1.29tn was recorded as petrol subsidy claims from oil marketers. Figures from the Petroleum Products Pricing Regulatory Agency show that about N832.06bn was paid as subsidy claim by the Federal Government to oil marketers in 2013 alone. ----- Is this not another way of turning people into billionaires who do not add value to the progress of Nigeria in any way? Get a license, import what we could have been refining locally and get paid billions by the FG while the masses bear the brunt of the inefficiencies in the system.

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