- There are indications that the government is secretly spending N17.72 billion every day on fuel subsidies
- Petroleum industry stakeholders stated that the nation uses about 44.3 million litres of fuel each day
- They argue that although the price of crude oil has been relatively steady over the naira, it continued to weaken, affecting petrol price
Legit.ng journalist Zainab Iwayemi has over three years of experience covering the Economy, Technology, and Capital Market.
The Nigerian National Petroleum Company Limited (NNPC Ltd), through the Federal Government, appears to be spending N17.72 billion every day on fuel subsidies.
