The news was made public via a statement issued by the Minister of State for Petroleum Resources, Ibe Kachikwu, at the end of a meeting presided over by Vice-President Yemi Osinbajo in Abuja on Wednesday.
Nigerians have reacted angrily to the news. Irate youths and many other Nigerians have asked the Federal Government to 'kukuma kill dem'.
This is how they reacted:
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