The Federal Government has said that contrary to reports making the rounds, it has not suspended the removal of fuel subsidy come June, 2023.
A statement from the Federal Ministry of Finance, Budget and National Planning on Friday, gave clarification on the report, insisting that there has been “no change in the overall policy direction regarding the petrol subsidy envisaged by June 2023”.
The Special Adviser, Media and Communications to the Minister of Finance, Budget and National Planning, Yunusa Tanko Abdullahi, said that “by the principles and letters of the 2023 Appropriation Act and the PIA laws, there is no provision for subsidy after June 2023”.
