Subsidy Removal: FG, States, LGs Allocations Hit N10.14tn In 2023
Eko Hot Blog reports that the removal of fuel subsidy on Premium Motor Spirit (petrol) by President Bola Tinubu in May 2023 has significantly boosted the statutory revenue allocations from the Federation Account to N10.14 trillion in 2023, according to the latest report by the Nigeria Extractive Industries Transparency Initiative (NEITI). The report, released on … Read more