Naija Talk community

Ghana Lotto Results, F-t-a Satellite Technology, Sport forcast, ICT forum.
 
HomePublicationsFAQSearchMemberlistRegisterUsergroupsLog in
Latest topics
» Ghana lotto forcast and results - baba Ijebu forum
by akikky Yesterday at 00:34

» https://shopdumps101.com/sell dumps with pin, dumps track1&2, shop dumps online
by shopdumps101 2018-05-15, 18:56

» https://shopdumps101.com/ Sell Dumps – Shop Dumps – Dumps With Pin – Good Dumps For C
by shopdumps101 2018-05-15, 18:55

» https://shopdumps101.com/ Sell Dumps – Shop Dumps – Dumps With Pin – Good Dumps For C
by shopdumps101 2018-05-15, 18:55

» https://shopdumps101.com/sell dumps - dumps with pin - good dumps valid 100%
by shopdumps101 2018-05-15, 18:54

» Sell Dumps, Shop Dumps, Dumps With Pin, Good Dumps For Cashout Atm
by shopdumps101 2018-05-15, 18:53

» https://shopdumps101.com/dumps cashout Atm, Dumps With Pin, Dumps Track 1&2
by shopdumps101 2018-05-15, 18:51

» https://shopdumps101.com/sell dumps - dumps with pin - good dumps valid 100%
by shopdumps101 2018-05-15, 18:50

» https://shopdumps101.com/sell dumps with pin, dumps track1&2, shop dumps online
by shopdumps101 2018-05-15, 18:48

» https://shopdumps101.com/ Sell Dumps – Shop Dumps – Dumps With Pin – Good Dumps For C
by shopdumps101 2018-05-15, 18:47

Keywords
GOODLUCK IT national midweek ekerin_say_zo BANKER number FORTUNE 1 CASH 6000 9 loto canalsat The_Living_Water LUCKY MATCH 15 reunion OBEY 2018 Result 10 Eutelsat Xtopher FREE
Most Viewed Topics
GHANA LOTTO RESULT
Avatar dongle new software has ready
All network tweak
GHANA LOTTO RESULT
GHANA LOTTO RESULT
GHANA LOTTO RESULT
GHANA LOTTO RESULT
GHANA LOTTO RESULT
GHANA LOTTO RESULT
GHANA LOTTO RESULT

Share | 
Get paid even when you loose in the new 1960bet
Sign up for free Merrybet account
 

 FG to spend N1 trillion on petrol subsidy in 2015

View previous topic View next topic Go down 
AuthorMessage
smile2012
Ultimate
Ultimate


Sex : male
Posts : 20755
Location : lag

PostSubject: FG to spend N1 trillion on petrol subsidy in 2015   2014-10-16, 21:45

The Federal Government is to spend the sum of N971 billion to subsidise the
supply of petrol to Nigerians in 2015, an indication that the administration has
no plan to do away with subsidising petrol.
In the same vein, the government plans to give out a total of N260 million to
the Subsidy Reinvestment Programme, SURE-P, for intervention in various
development agencies.
This is contained in the 2015-2017 Medium Term Expenditure Framework and
Fiscal Strategy paper, which President Goodluck Jonathan sent to the National
Assembly for approval as the basis for the 2015 budget.
According to the document, which Vanguard obtained Thursdayt, the
government expects to receive fabulous revenue of N7.164 from oil and gas
while the sum of N3.2 billion from non-oil revenue sources within the year.
Overall, the administration is expecting N11.1 billion as total federally collectible
revenue for 2015, as against the projection of N10.894 for the current year.
Of its oil revenue, according to Jonathan, the sum of N858.59 billion will be
spent as its contribution to the cost of oil production while N209 billion will go
to National Domestic gas development and N78 billion set aside for Gas
infrastructure development.
In the letter he addressed to the leadership of the National Assembly, Jonathan
admitted that the oil sector was not witnessing new investments due to
uncertainty occasioned on the non-passage of the Petroleum Industry Bill, PIB.
Jonathan explained that the oil benchmark of $78 pb was predicated on the
projected balance between increasing global supply resulting from rising oil and
unconventional oil production, and production disruptions that may might result
from geopolitical risks.
The President said: “Our proposal is also driven by the need to be cautious in
our revenue projections given the volatile nature of oil prices and the need to
rebuild our fiscal buffers, which have been very useful in periods of revenue
shocks”.
Back to top Go down
View user profile
peter pan
Master
Master
avatar

Posts : 10992
Location : UNITED

PostSubject: Re: FG to spend N1 trillion on petrol subsidy in 2015   2014-10-16, 22:56

DON'T MIND GOVERNMENT
Back to top Go down
View user profile
 
FG to spend N1 trillion on petrol subsidy in 2015
View previous topic View next topic Back to top 
Page 1 of 1

Reister on merrybet
Join Ultimate Cycler and start making cool cash before it's too late

Permissions in this forum:You cannot reply to topics in this forum
Naija Talk community :: General :: News-
Ntcguys © 2012 Naija Talk Community. R-Uk Company, Inc. All Rights Reserved.