Amid rising debt, subsidy cost jumps by 370%
The cost of fuel subsidy is estimated to increase by 369.93 per cent from 2021 to 2023, Saturday adaeventsnews has learnt. In 2021, the Nigerian National Petroleum Corporation said fuel subsidy gulped N1.43tn, although there was no record for under-recovery in January. The Minister of Finance, Budget and National Planning,