Minister of Finance, Ms. Zainab Ahmed Flanked by the CBN Governor, Mr. Godwin Emefiele and Minister of Budget and National Planning, Senator Udoma Udo Udoma during a press Brief after a successful outing at the Spring Meeting 2019 of the IMF and Wolrd Banking in Washington DC
The speculations came at the backdrop of the position canvassed by the World Bank/ IMF officials during the meetings demanding the removal of the subsidy and use the resources generated from the exercise to invest and develop the nation’s infrastructure. “In principle that is a fact. But in Nigeria, we don’t have plans to remove fuel subsidy at this time because we have not yet designed buffers that can enable us remove fuel subsidy and provide cushions for our people. So there is no plan to remove fuel subsidy.
Source: Car News Wire (carnewswire.net)
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