Bayo Onanuga, a former spokesman to President Bola Tinubu, has declared that the Nigerian Government is 'virtually broke.' Onanuga made the remark while
Bayo Onanuga, a former spokesman to President Bola Tinubu, has declared that the Nigerian Government is “virtually broke.”To this end, Onanuga urged Nigerian workers to support Tinubu as he develops incentives to cushion the effect of fuel subsidy removal.“Apart from its N77 trillion debt, it also owes the NNPC Limited about N2.4 trillion for past subsidies.
“The Nigerian people and workers should support the government as it works out new wages and rolls out other interventions, as promised by President Tinubu, to mitigate the effects of new fuel price.”
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fuel Subsidy: Reps ask FG to mitigate effects of subsidy removalThe lawmakers asked the federal government to, among other things, purchase natural gas-powered buses to mitigate transport fare hike.
Read more »
Fuel Subsidy: After meeting Tinubu's delegation, NLC insists on price reversal'This is an ambush and runs against the spirit and principles of social dialogue...,' the labour union said.
Read more »
Fuel subsidy removal: The time is now - Charly Boy backs TinubuNigerian famous entertainer and socio-political activist Charles Oputa, known by his stage name, Charly Boy, has thrown his weight behind the decision of
Read more »
Fuel subsidy: Senator-elect hails Tinubu over 'removal' stance, says pain temporaryThe Senator-elect for Delta Central Senatorial District, Ede Dafinone, has hailed President Bola Ahmed Tinubu for his bold decision over fuel subsidy removal, noting that while it's has painful effects on Nigerians, the pain will be temporary.
Read more »
'Nobody was bold enough' -- Gbenga Daniel hails Tinubu's remark on petrol subsidyGbenga Daniel has praised President Bola Tinubu for being 'bold enough' to declare the petroleum subsidy regime is over.
Read more »
Subsidy: Support Tinubu's decision, group urges NigeriansA group, the Arewa Youth Assembly, on Thursday, called for understanding, calm, and support for President Bola Tinubu's administration over the removal of subsidy on Premium Motor Spirit otherwise known as petrol and the adjustment of pump prices.
Read more »