Fuel Subsidy Removal Will Only Cause Temporary Shocks …C0NTINUE READING HERE >>>
The Minister of Budget and Economic Planning, Atiku Bagudu, has said that the removal of fuel subsidy is essential for Nigeria’s growth.
Speaking via an article published in The Explainer, Volume 28, on Friday, 27th September 2024, Bagudu pointed out that discussions on fuel subsidies often neglect the fact that prices for diesel and kerosene have already been deregulated, while petrol remains relatively cheaper.
He noted that it is necessary to transition to Compressed Natural Gas as a more affordable energy source, especially for transportation.
“The President addressed the fuel…
>
Leave a Reply