The PPPRA in the document noted that in 2012, N1.35 trillion was paid as subsidy, the highest in the period under review.

“A total of N 1, 316.63 trillion in 2013, N1,217.35 trillion in 2014 and N653.51 billion in 2015 was paid as subsidy claims,” it added.

It noted that the NNPC since 2016 had been the sole importer of the product to the country.

It assured that subsequent releases would reveal the amount paid on subsidy before the deregulation of the downstream oil sector.