FG grants energy firms N20bn waivers

FG grants energy firms N20bn waivers.
The Federal Government granted about N19.662 billion in waivers and exemption to energy firms in the country in five months, between January and May 2014. The amount is 51.23 per cent of the N38.381 billion allocated to water resources in the 2014 budget; 31.48 per cent of the N62.45 billion allocated to Power; 31.75 per cent of N61.928 billion allocated to Petroleum Resources; and 29.5 per cent of the N66.645 billion allocated to agriculture. http://www.vanguardngr.com/2014/10/fg-grants-energy-firms-n20bn-waivers/