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Petrol subsidy is no longer justifiable: End it

Recently the federal government through the minister of state for petroleum resources, Ibe Kachikwu, reported that its annual expenditure on fuel subsidy has risen to over N1.4 trillion. Going by the figures, it means about N3.76 billion is spent daily on subsidising petrol. For the records, it is also a staggering 386 per cent higher…

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