Abuja—The Federal Government is to spend the sum of N971
billion to subsidise the supply of petrol to Nigerians in 2015, an indication
that the administration has no plan to do away with subsidising petrol.
In the same vein, the government plans to give out N260
million to the Subsidy Reinvestment Programme, SURE-P, for intervention in
various development agencies, while N250 billion would be spent as subsidy on
kerosene.
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