Page 11 - தொழிலாளர் தொழிற்சங்கங்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Economy This past week, managers of the economy were rattled to their core as their worst fears came to pass. Over 44 per cent of revenue will not be paid into the federation account between April and June. This is because the Nigerian National Petroleum Corporation will be using over N111 billion to settle the fuel subsidy payment. No one needed a soothsayer to tell the government that things were bound to turn out this way, sometime. But this could have been prevented. The question is: how can Nigeria exit this fuel subsidy abyss? Chris Paul reports Considering the content of the correspondence that made the rounds across government agencies, last week, it was glaring that the nation was in trouble.

Chris paulUmar ajiya isaMuhammadu buhariNigerian national petroleum corporationNigeria governors forumPetroleum productsCentral bankNational planningCommissioners of finance forumDirector generalHome financeFinance forumFinancial officerGas proceedsFederation accountAccountant general