Govt spent $1bn on kerosene subsidy in 2015 – Osinbajo

29 November 2016, Abuja – Vice President Yemi Osinbajo, Tuesday, lamented the low usage of Liquefied Petroleum Gas, LPG, also known as cooking gas, in Nigeria, while he disclosed that the Federal Government spent $1 billion on kerosene subsidy in 2015. Using current Central Bank of Nigeria’s, CBN, exchange rate, the $1 billion spent on kerosene […] More »