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Nigerian Govt to remove fuel subsidy without lives affected – Official

The Federal Government says it is considering how best to achieve subsidy removal without disrupting livelihoods in Nigeria.Information Guide Nigeria

The Permanent Secretary, Ministry of Petroleum Resources, Amb. Gabriel Aduda, said this while briefing newsmen on Thursday at the end of the Nigeria International Energy Summit.


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He said the Federal Government was committed to subsidy removal but could not be too specific until all indices were considered, to ensure that the effect would not be harsh on average Nigerians.

The summit was declared open by the President, Major General Muhammadu Buhari (retd.), represented by Secretary to the Government of the Federation, Mr Boss Mustapha.NYSC Portal

The sixth edition of NIES, which was held from April 16 to April 20, had as its theme, “Global Perspectives for a Sustainable Energy Future.”

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Aduda said although subsidy removal had been in focus for some time, President Buhari, who doubles as Minister of Petroleum Resources, was taking it very seriously, including everyone in the industry.

“We totally understand the importance of removal of subsidy but we also understand the greater importance of the citizens in the scheme of things.

“As we speak we are still taking a very close look at how best to achieve subsidy without disrupting the entire ecosystem of livelihood in Nigeria.

“Because that is our responsibility as government. We have to ensure that the buffers are in place and forex is made available for imports.JAMB Result

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“We have to ensure that supply is available for a minimum of six months to make disruption minimal,” he assured.

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Goodnews

Essien, Goodnews is a gruaduate of Communication Arts, University of Uyo, Uyo; Currently working at Infoguide Media as a news writer.

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