Tuesday, June 25, 2024
HomeHeadlinesNo More Fuel Subsidy; Nigeria's New President Announces 

No More Fuel Subsidy; Nigeria’s New President Announces 

No More Fuel Subsidy; Nigeria's New President Announces 

No More Fuel Subsidy; Nigeria’s New President Announces

FB IMG 1657659033449
Tinubu.

Nigeria’s new president, Bola Ahmed Tinubu, on Monday, announced that the fuel subsidy has been removed. The new president, shortly after he took the oath of office, said the budget he has glimpsed shows there is no provision for the fuel subsidy saying that subsidy is gone.

“Subsidy can no longer justify the ever-increasing cost in the wake of drying resources. We shall instead, re-channel whatever for better use.”

He said areas, where such resources would be channelled, include education, agriculture and the provision of critical infrastructures.

We do everything possible to supply quality news and information to all our valuable readers day in, day out and we are committed to keep doing this. Your kind donation will help our continuous research efforts.

360 F 446817504 uEEbNYjd1Yn5FioF0TcYT3o2OutLHdXv
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular