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Breaking: No Plan To Remove Fuel Subsidy Now - FG

Refer.ng affiliate forum / General / Politics / Breaking: No Plan To Remove Fuel Subsidy Now - FG 116 Views

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The federal government says it has no plan to remove fuel subsidy now. However, the federal government insisted that IMF’s advice to federal government to remove fuel subsidy is a good one.




According to the FG, subsidy cannot be removed until alternatives can be found to help cushion the effect The federal government has again clarified its stance on the removal of fuel subsidy, saying it had no plan to do so in the immediate future. The minister of finance, Zainab Ahmed, said this on Sunday, April 14, at the briefing by the Nigerian delegation on the outcome of their meetings with investors and institutions at the IMF/World Bank meetings in Washington DC. Ahmed spoke in reaction to IMF’s advice to federal government to remove fuel subsidy, which might have led to panic buying in the country. “There is no imminent plan to remove subsidy.




IMF said that fuel subsidy is better removed so that we can use the resources for other important sectors. “In principle, It’s a good suggestion, but in Nigeria we don’t have any plans to remove fuel subsidy at this time because we have not yet designed buffers that will enable us remove the subsidy and provide cushions for our people. “So there is no plan to remove fuel subsidy. “We will be working with various groups to find an alternative if we have to remove it. We are not yet at the point of removing fuel subsidy yet,” she said.


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2 Likes

fuel subsidy is better removed so that we can use the resources for other important sectors

2 Like

[ @lisamelz: ] The federal government says it has no plan to remove fuel subsidy now. However, the federal government insisted that IMF’s advice to federal government to remove fuel subsidy is a good one.




According to the FG, subsidy cannot be removed until alternatives can be found to help cushion the effect The federal government has again clarified its stance on the removal of fuel subsidy, saying it had no plan to do so in the immediate future. The minister of finance, Zainab Ahmed, said this on Sunday, April 14, at the briefing by the Nigerian delegation on the outcome of their meetings with investors and institutions at the IMF/World Bank meetings in Washington DC. Ahmed spoke in reaction to IMF’s advice to federal government to remove fuel subsidy, which might have led to panic buying in the country. “There is no imminent plan to remove subsidy.




IMF said that fuel subsidy is better removed so that we can use the resources for other important sectors. “In principle, It’s a good suggestion, but in Nigeria we don’t have any plans to remove fuel subsidy at this time because we have not yet designed buffers that will enable us remove the subsidy and provide cushions for our people. “So there is no plan to remove fuel subsidy. “We will be working with various groups to find an alternative if we have to remove it. We are not yet at the point of removing fuel subsidy yet,” she said.

2 Like

It must be removed

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I Wonder why they wont do that

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this is rather too harsh of the federal government considering the height of hardship the citizenry suffers.

2 Like

According to the FG, subsidy cannot be removed until alternatives can be found to help cushion the effect The federal government has again clarified its stance on the removal of fuel subsidy, saying it had no plan to do so in the immediate future. The minister of finance, Zainab

2 Like

They should help alleviate the sufferings of the masses pls

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OH good for us

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Na waooo may God help us ooo

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Watta fuck happening

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IT IS WELL OOOH WITH NAIJA

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may God help us

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They should remove o

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are you serious

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FG is not serious this has always be their stake on such matters

2 Like

[ @lisamelz: ] The federal government says it has no plan to remove fuel subsidy now. However, the federal government insisted that IMF’s advice to federal government to remove fuel subsidy is a good one.




According to the FG, subsidy cannot be removed until alternatives can be found to help cushion the effect The federal government has again clarified its stance on the removal of fuel subsidy, saying it had no plan to do so in the immediate future. The minister of finance, Zainab Ahmed, said this on Sunday, April 14, at the briefing by the Nigerian delegation on the outcome of their meetings with investors and institutions at the IMF/World Bank meetings in Washington DC. Ahmed spoke in reaction to IMF’s advice to federal government to remove fuel subsidy, which might have led to panic buying in the country. “There is no imminent plan to remove subsidy.




IMF said that fuel subsidy is better removed so that we can use the resources for other important sectors. “In principle, It’s a good suggestion, but in Nigeria we don’t have any plans to remove fuel subsidy at this time because we have not yet designed buffers that will enable us remove the subsidy and provide cushions for our people. “So there is no plan to remove fuel subsidy. “We will be working with various groups to find an alternative if we have to remove it. We are not yet at the point of removing fuel subsidy yet,” she said.






April 14
The federal government says it has no plan to remove fuel subsidy now. However, the federal government insisted that IMF’s advice to federal government to remove fuel subsidy is a good one. That will be very dengarous to do now.

2 Like

No plan to remove fuel subsidy? If this have to do with removing fuel subsidy, is a good plan.

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who cares, even if

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God will save us for mismanagement of resource from our so called Leaders

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no plan to remove fuel

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Thanks for the post

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This Mr. Buhari team they are all failures they have nothing to offer to us rather they take from us

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Because they are benefiting from the looting called subsidy.

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Ha this is serious indeed

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[ @DaSylva: ] this is rather too harsh of the federal government considering the height of hardship the citizenry suffers.

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buhari, probz de o

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ha this is serious indeed.

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I have nothing to say on this.

2 Like

Thanks alot for the info.

2 Like

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