Subsidy scam: Nigeria spent N13.7trn between 2005, 2020 ― NEITI report
Facts emerged on Thursday that the sum of N13.7 trillion ($74.386 billion) was spent on the payment of fuel subsidy between 2005 and 2020
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Facts emerged on Thursday that the sum of N13.7 trillion ($74.386 billion) was spent on the payment of fuel subsidy between 2005 and 2020
The country's integrated energy supplier, Eterna PLC, has announced that it will invest in the installation of Liquefied Petroleum Gas (LPG) skids at certain of its retail locations.
Eterna Plc has lamented over the unavailability of foreign exchange and unattractive high interest rates hindering the growth of oil and gas companies in the country.
Leading integrated energy provider, Eterna Plc, posted a gross profit of N4.1 billion for the half year ended June 30, 2022.
Eterna Plc has reiterated its commitment to investing in Liquefied Petroleum Gas space and incrementally setting up necessary infrastructure for market penetration.