FG Speaks On Fuel Subsidy Removal

      No Comments on FG Speaks On Fuel Subsidy Removal
Spread the love

The federal government of Nigeria has debunked the rumours of plan to remove fuel subsidy.

The International Monetary Fund (IMF) has advised Nigeria government to remove the subsidy on fuel.

This has caused lots of panic, especially with an earlier report credited to a top government official that the subsidy will be gradually removed.

Read Also: Safiya Stephanie Musa Emerges As ACEGIST’s Personality Woman Of The Week

But according to the Minister of Finance, Zainab Ahmed, there is no immediate plan to remove fuel subsidy.

This was made known during a press briefing on Sunday, which also has in attendance, Minister of National Planning, Sen. Udoma Udoma and the Governor of the Central Bank of Nigeria, (CBN), Mr. Godwin Emefiele who jointly addressed the on-going IMF/World Bank Spring Meetings in Washington DC.

According to Ahmed, “There is no imminent plan to remove fuel subsidy.”

Read Also: Nigerians React To Gov Yahaya Bello’s Boxing Video

1,385 total views, 10 views today

Spread the love

Leave a Reply

Your email address will not be published. Required fields are marked *