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JUST IN: FG Projects N6.7trn For Petrol Subsidy Spending In 2023 - Politics - Nairaland

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JUST IN: FG Projects N6.7trn For Petrol Subsidy Spending In 2023 by TheRareGem1(f): 3:58pm On Jul 21, 2022
The federal government has projected to spend N6.7 trillion on petrol subsidy payments in 2023.

Zainab Ahmed, minister of finance, budget and national planning, said this on Thursday at the presentation of the 2023-2035 Medium Term Expenditure Framework & Fiscal Strategy Paper (MTEF&FSP) in Abuja.

Ahmed said the subsidy is based on two prevailing scenarios.

The first scenario, which is business-as-usual, estimated a petrol subsidy at N6.72 trillion for the full year 2023.

In the second scenario, the minister said petrol subsidy would remain up to mid-2023 based on the 18-month extension announced in early 2021, in which case only N3.36 trillion will be provided for.

More to follow…

https://www.thecable.ng/ust-in-fg-projects-n6-7trn-for-petrol-subsidy-spending-in-2023/amp
Re: JUST IN: FG Projects N6.7trn For Petrol Subsidy Spending In 2023 by BigVawulence: 3:59pm On Jul 21, 2022
They have scattered this country Kpatakpata




Big vawulence on the beat....

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Re: JUST IN: FG Projects N6.7trn For Petrol Subsidy Spending In 2023 by successmatters(m): 4:00pm On Jul 21, 2022
Peter Obi won't allow that.

1 Like

Re: JUST IN: FG Projects N6.7trn For Petrol Subsidy Spending In 2023 by rexlims(m): 4:05pm On Jul 21, 2022
they are no longer planning to steal in billions anymore.
they have graduated to trillions.
make i see any body come campain for APC around my area, na
d leg d person take come him go feel last.
Re: JUST IN: FG Projects N6.7trn For Petrol Subsidy Spending In 2023 by madridguy(m): 4:06pm On Jul 21, 2022
I just hope our leaders will not ground this country like Sri Lanka.
Make dey just pity us without passport photograph not to mention international passport.
Re: JUST IN: FG Projects N6.7trn For Petrol Subsidy Spending In 2023 by Maxymilliano(m): 4:12pm On Jul 21, 2022
I don't know what fuel subsidy means– Buhari, circa 2015 cool
Re: JUST IN: FG Projects N6.7trn For Petrol Subsidy Spending In 2023 by Racoon(m): 4:13pm On Jul 21, 2022
"Subsidy does not exist. Subsidy is a fraud....."-Buhari and APC.
Re: JUST IN: FG Projects N6.7trn For Petrol Subsidy Spending In 2023 by omowolewa: 4:16pm On Jul 21, 2022
Last looting scheme
Re: JUST IN: FG Projects N6.7trn For Petrol Subsidy Spending In 2023 by Toneypen247(m): 4:16pm On Jul 21, 2022
What a country

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