asd
Saturday, July 27, 2024
Home Business & Economy No going back on removal of subsidy – GMD NNPC

No going back on removal of subsidy – GMD NNPC

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) has insisted that nothing will stop the Federal Government from its plan to remove subsidy next year, as this is already a forgone issue.

Mr Kyari Mele, who was speaking as a follow up to an earlier statement in Abuja, yesterday, noted that President Muhammad Buhari was actually the one delaying the subsidy removal, if not so the removal will take place from this year.

Whether the labour congress like it or not, whether the civil society like it or not, the federal government will remove subsidy totally next year, because the exercise is benefiting the rich not the poor.

It could be recalled that no government has ever come in place in Nigeria without talking about subsidies, the Buhari Government is saying that it will give every Nigerian N5,000 monthly to assist them.

RELATED ARTICLES

The Place Of Art In Our Economy

By Shuabu Haruna and Hassan Kasim The intention of this write up is to provide a panoramic understanding of visual art and its production as...

EFCC Declares Emefiele’s Wife Wanted

The Economic Financial Crime Commission (EFCC) has declared wife of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, wanted. She was declared wanted alongside...

Gombe Governor Signs N208.064bn 2024 ‘Budget

Gombe State Governor, Muhammadu Inuwa Yahaya CON, has signed the Gombe State 2024 Appropriation Bill into law amounting to Two Hundred and Eight Billion,...

Most Popular

Governor Yusuf Launches 2024 Maternal, Neonatal, and Child Health Week

Kano State Governor, Alhaji Abba Kabir Yusuf has officially inaugurated the first round of the 2024 Maternal, Neonatal, and Child Health Week (MNCHW). This was...

The Place Of Art In Our Economy

By Shuabu Haruna and Hassan Kasim The intention of this write up is to provide a panoramic understanding of visual art and its production as...

Suspended Yobe PHC Boss Admits Stealing Food Supplement For Malnourished Children

Director of Primary Health Care(PHC), in Nangere Local Government of Yobe, Mr Ibrahim Lawan, currently on suspension for diverting Ready-to-Use Therapeutic Food(RUTF), has...

Pride of Northern Nigeria: Why Kano people should defend Emir Sanusi Lamido Sanusi II, By Ibrahim Sani Shawai

By Ibrahim Sani Shawai In 2011, Muhammad Sanusi II, also then referred to as Sanusi Lamido Sanusi (SLS) was named the World’s Best Central Bank...

Recent Comments