FG expected to spend N6.7trn on petrol subsidy payment in 2023

The federal government says it has earmarked N6.7 trillion for payment of petrol subsidy in 2023. Zainab Ahmed, minister of finance, budget and national planning, said this Thursday at the presentation of the 2023-2035 Medium Term Expenditure Framework & Fiscal Strategy Paper (MTEF&FSP) in Abuja. Ahmed said subsidy payment projection is based on two prevailing […]

FG expected to spend N6.7trn on petrol subsidy payment in 2023 Read More »