Tuesday, April 14, 2026
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

Debt: Silent Killer Of SMEs

By Auwal Khalid Small and Medium Enterprises (SMEs) in Nigeria form the lifeblood of the economy. According to the Small and Medium Enterprises Development...

Nigeria donates 100,000 cashew seeds, 2,000 seedlings to Ethiopia

The Nigerian Government has donated 100,000 cashew seeds and 2,000 cashew seedlings to Ethiopia. Mr Stanley Nkwocha, Senior Special Assistant to the President on Media...

Gombe Ranks 4th in Nigeria Digital Tax Administration

Gombe State has once again affirmed its status as one of Nigeria’s most reform-driven subnational governments by emerging 4th nationwide in the latest national...

Most Popular

Sultan debunks ‘AI-Generated’ image linking him to Benue crisis

The Media Team of the Sultan of Sokoto has dismissed as false a viral social media post alleging that Hyacinth Alia was pictured worshipping...

FG begins mass trial of suspected terrorists in Abuja Trial

The Federal High Court in Abuua on Tuesday, began the mass trial of suspected terrorists charged with terrorism offences. The News Agency of Nigeria (NAN)...

CAS reaffirms NAF’s welfare, operational readiness at Kaduna Easter luncheon

The Chief of the Air Staff (CAS), Air Marshal Sunday Aneke, on Sunday, commended personnel of the Nigerian Air Force (NAF) for their...

Eid-el-Fitr: Sardaunan Gombe Felicitates Muslims, Calls for Prayers

The Sardaunan Gombe, Jamil Isyaku Gwamna, has congratulated Muslim faithful in Gombe State and beyond on the successful completion of the Ramadan fast. In a...

Recent Comments