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Tag: Oppressive Folly

  • The Oppressive Folly of Fuel Subsidy, By Henry Boyo

    The Oppressive Folly of Fuel Subsidy, By Henry Boyo

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    by

    Olaotan Falade
    in ,

    Petroleum product Marketers and Depot Owners Associations, gave the Government, a 7 day ultimatum last week, to redeem their long overdue balance for over ₦800bn for fuel, already sold at Government regulated price of ₦145/litre. The ₦800bn, was reportedly consolidated from the difference between government’s regulated price and the actual open market price of petrol…