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Tag: Fuel Importation

FUEL IMPORT: FG SAVES N173BN IN FIVE MONTHS

October 7, 2016 AdminLeave a comment

The Federal Government says it has been saving a total of $4m (N1.22bn) daily in fuel import bill since May 12, this year when it stopped paying subsidy claims to importers. The Minister of Budget and National Planning, Senator Udo Udoma, who confirmed the figure, said the liberalisation policy in the oil sector had also led to a 30 per […]

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