Politics
Subsidy Removal Date To Be Announced After Inauguration Of The President-Elect- Keyamo Tells Nigerians
Keyamo says the incoming government will not remove subsidy without putting palliatives in place for the masses.
The incoming administration of Bola Tinubu will decide the date for fuel subsidy removal after the inauguration coming up next month.
The All Progressives Congress Presidential Campaign Council confirmed this as the current subsidy regime ends in June 2023.
President Muhammad Buhari-led administration has already made it known that the subsidy policy would end after the budget for the initiative lapses in June.
During his presidential campaign, Tinubu maintained that if elected, his administration would remove fuel subsidies even if Nigerians protested against the policy.
However, less than two months before his inauguration, there has been anxiety over his plan for subsidy removal as the development may push fuel prices to N750 per litre.
Speaking on the development, Festus Keyamo, the PCC spokesman during an interview with The Punch said when Tinubu takes over, he would decide when to remove it.
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