News
FG quietly removes electricity subsidy, set for fuel removal
The Minister of Finance, ZAINAB AHMED, has revealed how the Federal Government quietly removed the subsidy on electricity tariff, adding that government had adjust the prices incrementally at some levels.
Speaking at a virtual meeting of African Finance Ministers and the International Monetary Fund, ZAINAB also said the amendment of the budget was ongoing to accommodate the incremental removal of fuel subsidy.
The Minister noted that fuel subsidy remained a huge problem for the government as it had thrown up deficits more than what was planned, adding that the rise in global oil prices would worsen the issue.
-
News3 days agoNLC announces indefinite strike action
-
Osun News3 days agoLagbaja: More revelations, as family, community speak on late COAS’s death
-
News5 days agoFormer President Buhari’s daughter gets new appointment
-
Osun News5 days agoNew Asiwaju of Osogboland emerged (Photo
-
Metro/Crime3 days agoVideo: Bride Slumps, Dies On Her Wedding Day
-
News7 days agoPresident Tinubu Approves New Appointment
-
Osun News6 days agoOlaiya Flyover Bridge Temporarily Closed
-
Foreign3 days agoFour Nigerians Win Elections In Australia, U.S