The Senate Thursday disclosed that the federal government spent not less than N11 trillion on fuel subsidy in the last six years.

The Senate’s approval of oil subsidy claims was sequel to the presentation of the report of the Senator Kabir Marafa-led 20-man Senate Committee on Downstream Petroleum Sector on Promissory Note Programme and Bond Issuance to settle inherited local debts and contractual obligations to petroleum marketers by the chairman.

Marafa, in his 11-page presentation, said Nigeria had since 2013 spent over N11 trillion to settle outstanding fuel subsidy claims. However, he said the approval of the latest payment to 67 oil marketers ended the issue of subsidy arrears claims by oil marketing companies.

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What's the issue? Nigerians dont deserve 11tn in six years?

Whenever I hear about the term ''subsidy'' in this country,it gives me an idea about how much has been stolen by the govt under the subtitle ''subsidy''. Any reasonable person will notice that the money spent on the so called subsidy is enough to build new refineries. If govt refuses to build refineries despite being capable, but continues to pay for subsidy,it apparently shows something is going on underground.