Dr Alex Otti
The removal of fuel subsidy as announced by President Bola Tinubu on May 29, 2023, has reduced the daily consumption of petrol by Nigerians from 65 million to 40 million, Vanguard reports.
This was revealed by Abia State Governor, Alex Otti, after the inauguration of the National Economic Council (NEC) on Thursday, chaired by Vice President Kashim Shettima at the Council Chamber, Presidential Villa, Abuja.
Earlier, Tinubu addressed the NEC saying he would accept collaboration in governance to address the economy and improve the welfare of the Nigerian people, adding that he would not be an excuse for failure.
Bala Mohammed, the governor of Bauchi State said the government deliberated and looked at all the issues on subsidy removal, the challenges and problems holistically and set up a small committee of the council to review and come up with a term of reference that will help to alleviate the problem of workers and other vulnerable groups.
According to him, the committee is composed of Governors of Kebbi state, as Chairman, Anambra representing the South East geopolitical zone. Benue North Central, Kaduna Northwest, Bauchi, representing the northeast, Cross River, South-South and Oyo state. Continue Reading…
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