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Is Petrol Still Subsidized? - Politics - Nairaland

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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 http://yoalizer.com/5xI READ MORE

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