President Bola Tinubu’s decision to remove fuel subsidy has received backing from the Group Chief Executive Officer of the Nigeria National Petroleum Company (NNPC) Limited, Mele Kyari.
Ripples Nigeria had reported that Tinubu plans to end fuel subsidy after announcing during his inauguration speech that he would accept the recommendation of the previous administration in that direction.
His predecessor, Muhammadu Buhari, had recommended that subsidy should be phased out after the first half (H1) of 2023, disclosing that fuel was only subsidised for the first six months of this year in the 2023 budget.
