Tinubu’s position on fuel subsidy removal unchanged

on Nigerians remain firmly in place. The government statement comes amidst a report yesterday indicating that fuel subsidy expenditure is projected to reach about N5.4 trillion in 2024, up from N3.6 trillion in 2023. Tinubu's… on Nigerians remain firmly in place.

The other is a 65-page draft document titled “Accelerated Stabilisation and Advancement Plan ,” which contains suggestions on how to improve the Nigerian economy. President Tinubu received a copy of the draft on Tuesday. Edun, as quoted by Onanuga in the statement, assured the public that the official position on the documents will be made available after comprehensive reviews and approvals are completed.

Edun stated; “The government wants to restate that its position on fuel subsidy has not changed from what President Bola Ahmed Tinubu declared on 29 May 2023. The fuel subsidy regime has ended. There is no N5.4 trillion being provisioned for it in 2024, as being widely speculated and discussed, on Nigerians remain firmly in place. The government statement comes amidst a report yesterday indicating that fuel subsidy expenditure is projected to reach about N5.4 trillion in 2024, up from N3.6 trillion in 2023. Tinubu's…Citizens Awareness Against Corruption and Social Vices Initiative has decried the alleged inaction by the Nigerian Upstream Petroleum Regulatory Commission to curtail pollution in the oil and gas industry.

Bayo Onanuga Bola Tinubu Fuel Subsidy Fuel Subsidy Fraud Fuel Subsidy In Nigeria

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tinubu hasn't found right way to handle economy, says ObasanjoOlusegun Obasanjo says the fuel subsidy removal was necessary but 'wrongly and thoughtlessly' implemented by Tinubu
Source: thecableng - 🏆 2. / 80 Read more »

Fuel subsidy, exchange rates policies necessary but wrongly implemented — ObasanjoFormer President Olusegun Obasanjo has criticised President Bola Tinubu's policies on fuel subsidy removal and exchange rates as necessary
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Obasanjo tackles Tinubu on subsidy removal, forex policy, handling of coup in NigerFormer president, Chief Olusegun Obasanjo yesterday tackled President Bola Tinubu’s administration‘s poor handling of fuel subsidy removal, flotation of the naira and the military coup in Niger Republic.
Source: vanguardngrnews - 🏆 5. / 75 Read more »

Real sector awaiting promise of ‘renewed hope’Following the inauguration of President Bola Tinubu as Nigeria’s president, he promptly announced the removal of fuel subsidy, unification
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Fuel subsidy: Stop deceiving Nigerians Atiku charges TinubuFormer Vice President, Atiku Abubakar, has urged President Bola Tinubu to stop deceiving Nigerians about his administration’s true position on fuel subsidy.
Source: vanguardngrnews - 🏆 5. / 75 Read more »

Tinubu’s First Year: Fuel subsidy removal, a costly blunderA Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
Source: vanguardngrnews - 🏆 5. / 75 Read more »