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This Is Why FG Spent Much On Kerosene by malik28: 1:08pm On Nov 30, 2016 |
Nigeria spent the sum of $1bn as subsidy on kerosene last year, Vice-President Yemi Osinbajo said on Tuesday. According to him, the massive dependence on kerosene and firewood by millions of households across the country made the Federal Government to spend such an amount subsidising the commodity. Osinbajo, who spoke at the Domestic Liquefied Petroleum Gas Stakeholders’ Forum organised by his office in collaboration with the Federal Ministry of Petroleum Resources in Abuja, explained that the low level consumption of the LPG by Nigerians was a major reason for the high demand for kerosene and firewood http://shipsandports.com.ng/1bn-spent-kerosene-subsidy-2015-osinbajo/
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