TOP STORY: FG suspends petrol subsidy removal temporarily | TheCable
Speaking at the NEC forum, on Thursday, Zainab Ahmed, minister of finance, budget and national planning, said the proposed removal of subsidy should not be done now.
“But if the determination is that the period is extended it will mean that as a country, we will have to revisit the appropriation act for example, because the 2023 budget only [made] provision up to June.“So, if we’re extending beyond June it means we have to revisit the appropriation act or amend the PIA. So, these are the reasons why we had to do this consultation, to get inputs from the government.
She said the subsidy removal has to be done in such a way that the impact, as much as possible, “is mitigated on the lives of ordinary Nigerians”.
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