Nigeria lost $450m to petrol subsidy fraud in six years – Bawa

Newmail | 08-06-2025 05:11am |

Abdulrasheed Bawa, the former chairman of the Economic and Financial Crimes Commission (EFCC), says Nigeria lost $450 million to subsidy fraud under the Petroleum Support Fund (PSF) scheme between 2006 and 2012.The post Nigeria lost $450m to petrol subsidy fraud in six years – Bawa appeared first on New Mail Nigeria.

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