Fuel: Finance Minister Says FG Thinking Gradual Removal Of Subsidy - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (J.T)
April 12, 2019
The Minister of Finance Zainab Ahmed says theFederal Government is looking into ways for gradual removal of fuel subsidy aspart of strategy to boost revenue.
Ahmed said this on the sideline of the IMF/WorldBank meetings currently taking place in Washington DC, United States ofAmerica. He made the known while reacting to the IMF’s advice to Nigeria andother countries who still subsidise fossil fuel to stop doing so.
According to the IMF, fuel subsidy removal wouldhelp boost revenue and improve government’s spending to build more hospitals,roads, schools, and to support education and health for the people.
The minister said that since the IMF/World Bankmeetings started, she has had high-level meetings on taxation and discussionson global economy.