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| Ibe Kachikwu |
The Nigerian Government
announced on Friday that it has scrapped the Petroleum Support Fund, also known
as fuel subsidy. Speaking
to journalists at the Port Harcourt refinery where he had spent Christmas
inspecting the facility, the Minister of State for Petroleum, Ibe Kachikwu,
said the government could no longer pay the subsidy due to the fraud tainting
the scheme.
