JUST IN: FG Suspends Fuel Subsidy Removal

The federal government has postponed the planned petrol subsidy removal till further notice due to “high inflation and economic hardship”. Subsidy or under-recovery is the underpriced sales of premium motor spirit (PMS), better known as petrol. The government had planned to stop subsidy payments on petroleum products from July this year. Zainab Ahmed, minister of…

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JUST IN: FG Suspends Fuel Subsidy Removal

The federal government has postponed the planned petrol subsidy removal till further notice due to “high inflation and economic hardship”. Subsidy or under-recovery is the underpriced sales of premium motor spirit (PMS), better known as petrol. The government had planned to stop subsidy payments on petroleum products from July this year. Zainab Ahmed, minister of…

Read More