Fuel Subsidy: A Buhari Vs Jonathan Comparison, By Moses Ochonu

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Under Jonathan-PDP, fuel subsidy payments totaled $5 billion a year, but fuel price was N87 a liter.

Under Buhari, who called subsidy payment a scam and promised to eliminate it, fuel subsidy payments now total $3.9 billion a year (per NNPC figures) even after the price of fuel was almost doubled to N145 a liter.

I nor sabi book o, but please tell me, what is the difference between the two regimes of fuel supply management?

Nigerians are paying way more for fuel, but “wastefully astronomical” subsidy payments, which the higher price was supposed to eliminate, continue.

Source: Facebook

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