The reaction is against the backdrop of some media reports that the Minister of Finance, Budget and National Planning, Zainab Ahmed, on Thursday said that the Federal government has suspended the removal of fuel subsidy which was supposed to take effect from June, 2023.
This disclosure is contained in a statement by the Federal Ministry of Finance, Budget and National Planning, and can be seen on its official Twitter account.
The statement noted that the National Economic Council rather set up a subsidy removal committee that includes teams from the incoming administration, the state governors.