Senator Kashim Shettima
Shettima to lead discussions on subsidy removal palliatives
Vice-President Kashim Shettima will coordinate discussions on governments’ interventions to mitigate the impact of fuel subsidy removal on the people.
Already, President Bola Tinubu has directed the VP-led National Economic Council to begin the process.
This was disclosed on Wednesday by Governor Dapo Abiodun of Ogun State while briefing State House reporters after leading some major oil marketers on a visit to the President at the Presidential Villa, Abuja.
The governor said the marketers were in the presidential villa to express solidarity with the president for his bold decision to end subsidy payment on Premium Motor Spirit (PMS) popularly known as petrol.
He said the President’s action showed his determination and courage to remove the hemorrhage that had bedevilled the country for decades.
The governor said while there would be some discomfort on the part of the people, the move would eventually pay off as there can be no gains without pains.
He said with the policy in place, the country would be saving over N6 trillion annually.
Abiodun noted that fuel prices had escalated in some neighbouring countries because of the increase in pump price in Nigeria.
BBNaija’s Phyna Exposes Alleged WhatsApp Chats, Accuses VeryDarkMan of Sexual Advances, Retaliation Former Big…
2027: President Tinubu Accepts APC Presidential Ticket, Vows to Deepen Reforms ABUJA – President Bola Tinubu…
Trump’s Reception of Ambassador Are Signals Stronger Nigeria–US Partnership The national leadership of accredited Civil…
APC Presidential Primary: Tinubu Polls 10,999,967 Votes, Floors Osifo Nationwide ABUJA – President Bola Tinubu has…
Nigerian Troops Deployed to Cotonou as Benin Republic Swears in President Wadagni COTONOU – Nigerian military…
Usyk Defeats Verhoeven via Controversial Stoppage to Retain Heavyweight Titles Oleksandr Usyk retained his world…