ABUJA – PRESIDENT Muhammadu Buhari may have tacitly scrapped kerosene subsidy in the country as he made no allocation for it in the Medium Term Expenditure Framework, MTEF, and Fiscal Strategy Paper, FSP, which he presented to the National Assembly,Tuesday.

The document indicated that the present federal administration is to borrow the sum of N1.835.88 trillion to fund the 2016 budget which stands at N6.04 trillion just as it disclosed that so far, a total sum of N350.33 billion has been recovered from misappropriated funds.

A breakdown showed that while the sum of N1, 200.00 trillion would be borrowed domestically, foreign borrowing would N635.88 trillion.http://www.vanguardngr.com/2015/12/2016-budget-buhari-scraps-kerosene-subsidy-allocates-n500-billion-for-school-feeding-post-nysc-grant/

this is a good development we love u GMB. CARRY GO

Nigeria under PMB is in lane one on the economics management and social well being of the nation and we will soon overtake other counterpart in the race!

Why is everyone surprised? We needed change and we all are enjoying it

The next questions will be how much is litre of kerosene in your area. How much is gas, petrol and diesel in dt station. Govt of unending questions

Amen