Federal govt spends $36.3bn on fuel importation in 5 years – CBN

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Federal govt spends $36.3bn on fuel importation in 5 years – CBN

“Data from CBN shows that from 2013 to 2017, total foreign exchange committed to imports in the country stood at 119.41 billion dollars, while total foreign exchange committed to imports in oil sector stood at 36.37 billion dollars."

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