It is 2012, the country is Nigeria and between a very active militant group and an unpopular president, the most common word is an unlikely one: "SUBSIDY". From three year olds in Warri to septuagenarians in Potiskum, lives have been affected and the word 'subsidy' has personified hardship, oppression and corruption at an
exponential level.
The oil subsidy placed on petroleum products by the Nigerian government was meant to provide a much-needed relief on the cost of living in one of the most complicated countries in the world. However after a probe by the House of Representatives, it was revealed that about seven billion dollars was stolen from the Nigerian people in one year from the same program that was meant to provide relief for them. It is quite possibly one of the most daring frauds in history.
exponential level.
The oil subsidy placed on petroleum products by the Nigerian government was meant to provide a much-needed relief on the cost of living in one of the most complicated countries in the world. However after a probe by the House of Representatives, it was revealed that about seven billion dollars was stolen from the Nigerian people in one year from the same program that was meant to provide relief for them. It is quite possibly one of the most daring frauds in history.
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