Fuel subsidy gulped N1.16trn in 2021 – RMAFC
Why This Matters
Key context: <img width="1280" height="720" src="https://dailypost.ng/wp-content/uploads/2016/07/rmafc.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" decoding="async" loading="lazy" srcset="https://dailypost.ng/wp-content/uploads/2016/07/rmafc.jpg 1280w, https://dailypost.ng/wp-content/uploads/2016/07/rmafc-300x169.jpg 300w, https://dailypost.ng/wp-content/uploads/2016/07/rmafc-1024x576.jpg 1024w" sizes="auto, (max-width: 1280px) 100vw, 1280px" /><p>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 on Thursday in 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 […]</p> <p><a href="https://dailypost.ng/2026/08/07/fuel-subsidy-gulped-n1-16trn-in-2021-rmafc/">Fuel subsidy gulped N1.16trn in 2021 – RMAFC</a></p> This development from dailypost.ng highlights ongoing changes in the sector.
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 on Thursday in 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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