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Under the former President Muhammadu Buhari, the Federal Government announced in January that it would stop the payment of fuel subsidy by the end of June.
The then Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, disclosed that in the 2023 fiscal period, the government had made provisions of N3.36 trillion for fuel subsidy payment to cover the first six months of this year.
This, she stated, was in line with the 18-month extension announced in early 2022.
Source- https://www.channelstv.com/2023/05/30/nnpcl-hails-subsidy-removal-says-no-need-for-panic-buying/
The then Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, disclosed that in the 2023 fiscal period, the government had made provisions of N3.36 trillion for fuel subsidy payment to cover the first six months of this year.
This, she stated, was in line with the 18-month extension announced in early 2022.
Source- https://www.channelstv.com/2023/05/30/nnpcl-hails-subsidy-removal-says-no-need-for-panic-buying/
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