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Just In: FG Suspends Planned Petrol Subsidy Removal

January 24, 2022
in News
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The federal government has suspended the planned petrol subsidy removal till further notice.

Zainab Ahmed, minister of finance, budget, national planning, disclosed this during a meeting held at the national assembly in Abuja.

READ ALSO: Armenia’s President Resigns Over Position’s Lack Of Power

Speaking during a meeting held at the national assembly in Abuja on Monday, the Minister said the suspension is till further notice

The government had planned to stop subsidy payments on petroleum products from July this year following a recommendation from the National Economic Council.

The meeting was convened at the instance of Ahmad Lawan, president of the senate, with Timipre Sylva, minister of state for petroleum resources, Mele Kyari, group managing director, NNPC Limited, in attendance.

 

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