Tuesday, July 14, 2015

I'm Looking Into The Issue Of Fuel Subsidy Removal – Buhari

President Muhammadu Buhari has said that he was going to carefully study the documentary issues tabled before him on the need to remove subsidy on petroleum products.

He, however, noted that his administration would handle the issue of subsidy on petroleum products with care because some of most of the literature penned down for him on the subsidy regime were not detailed.
Buhari said, “I have received many literatures on the need to remove subsidies, but much of it has no depth. When you touch the price of petroleum products, that has the effect of triggering price rises on transportation, food and rents. That is for those who earn salaries, but there are many who are jobless and will be affected by it.”

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