The plans to remove fuel subsidy by June this year have been suspended by the Federal Government.
Minister of Finance, Budget and National Planning, Ahmed Zainab gave the indication on Thursday, shortly after the National Economic Council, NEC, meeting, chaired by the Vice President, Yemi Osinbajo.
She said the NEC, which comprises State Governors deliberated on the issue extensively and came to the conclusion that it will not be wise to remove subsidy as soon as the new administration is trying to settle down to governance.
She also noted that the existing committee that has been discussing the fuel subsidy issue needed to be expanded to enable more input from concerned Nigerians.
She specifically said there needed to be more interface with the Nigeria Labour Congress, NLC, and more engagement with the petroleum marketers’ association, among others.
It is a verifiable fact that the Honorable. Minister for Science and Technology, Chief. Engr.…
Two months after inferno ravaged the popularly GSM village in Lokoja, the Kogi State capital,…
A police operative attached to Otuocha Area Command, Anambra East Local Government Area of…
Many residents of the Federal Capital Territory, FCT, say they are finding it difficult to…
Following an investigative hearing on the $2 billion renewable energy grants and investments in Nigeria,…
Justice Obiora Egwuatu of the Federal High Court in Abuja has granted bail of N10…
This website uses cookies.