Why Nigeria must end fuel subsidy regime in June – Minister

Nigeria’s Minister of Finance, Zainab Ahmed, said Tuesday that it will be more appropriate for the government to begin the implementation of its fuel subsidy policy in the second quarter of the year.

Mrs Ahmed disclosed this while speaking during an interview with Arise TV at the ongoing World Economic Forum (WEF) in Davos, Switzerland, on Tuesday.

The minister noted that the country needs to exit the fuel subsidy regime because it is a very significant contributory factor to revenue loss.

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