The looting is ongoing with Diezani Madueke, the oil goddess still shaving the heads of Nigerian families quietly every day in collaboration with President Goodluck Jonathan. The kerosene subsidy scam turns over $ million every day into the pocket of Diezani through her friends.
Between January and September this year, oil marketers in the country made not less than N148.5bn illegal profit on Dual Purpose Kerosene sold to Nigerians.
Officially, the DPK is meant to be sold at N50 per litre, but this has not been the case as consumers have continued to buy the product at N100 and above per litre.
Read the full story on the Punch: http://www.punchng.com/news/marketers-make-n148-5bn-illegal-profit-on-kerosene/