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Nairaland Forum / Nairaland / General / Politics / Is Petrol Still Subsidized? (246 Views)
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Is Petrol Still Subsidized? by 24Bauer(m): 7:00am On Sep 04, 2017 |
PETROLEUM marketers have
announced, in their communiqué of
August 29, 2017, that they would
commence mass retrenchment,
unless government pays their over
$2bn outstanding invoices, and also
settles interest charges, on delayed
payment and related exchange rate
differentials. Nonetheless,
government’s present lean
revenue expectations may compel
the need, to additionally borrow
N720bn domestically or $2bn
externally and oppressively
compound the already crippling
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