Fuel subsidy gulped N1.16trn in 2021 – RMAFC

WIRE — The Chairman of the Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, Dr Mohammed Shehu, has said that Nigeria spent N1.16 trillion on fuel subsidy in 2021. Shehu made this known onThursdayin Abuja in his presentation to the Senate 's Public Accounts Committee, SPAC, probing 2021-2023 Audit reports on the oil and gas industry conducted by Fuel subsidy gulped N1.16trn in 2021 RMAFC

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