Govt To Replace Fuel Subsidy With N5,000 Transport Grant For Poorest Citizens
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According to her, the final number of beneficiaries will depend on the resources available after the removal of the fuel subsidy. Information Guide Nigeria
Recall that THE CABEL had reported that the World Bank in the development said the poorest 40% in Nigeria consume less than 3% of the total PMS in Nigeria while the rich benefit more from the subsidies.
BUSINESS HALLMARK reports that Ahmed said, although the move is set for June 2022, the federal government hopes to do this before June — in line with the Petroleum Industry Act (PIA).
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