Fuel Subsidy: Nigeria's Daily PMS Consumption Drops From 69 m liters To 13 m.

Mohammed Bello Doka. 
Unconfirmed reports suggest that the Nigerian daily consumption of Premium Motor Spirit has dropped from 69million liters to 13million liters in response to the recent removal of fuel subsidy by the Asiwaju Bola Ahmed Tinubu's led Federal Government. 

There have been claims and counter claims about how the figures regarding Nigeria's PMS consumption have been padded to the benefit of the oil cartel. Before the removal of the subsidy at the expense of the Federal Government and the Nigerian people. 

The recent removal of fuel subsidy by the Government has further opened a can of warms and fuel prices continue to rise in the West African subregion.  A vindicating the claims that successive Nigerian Governments have been spending tens of billions annually subsidizing PMS that will later to stolen and sold in its neighboring countries. 

This is coming as a new video surfaced online how some Cameroonian commercial motorcyclists are protesting the removal of the subsidy by Tinubu and narrative how the Government's action affected petroleum prices in Cameroon.

Post a Comment

Share your thoughts with ANN..

Previous Post Next Post