The pressure being mounted on the government of Nigeria to make it smooth for the All Peoples Congress (APC) to win the 2023 Nigeria elections is causing the Federal Government to make huge promises.
News reaching us indicates that the Federal Government of Nigeria has postponed the removal of fuel subsidies until further notice is served on the subject matter. Well, you must know that this is a campaign tactic.
The Minister of finance, Budget, and Economic Planning Hajia Zainab Ahmed in one of her numerous speeches disclosed that the Federal Government intended on suspending the removal 0f fuel subsidies on petroleum products until further notice.
She said this in a meeting that was held at the National Assembly. This comes as good news to well-meaning Nigerians who called for the fuel subsidies to be maintained. While it becomes a burden on the taxes and coffers of the Federal Government and might expand the borrowing scope of the country.
Well, as it stands now, the decision has already been made and communicated so there is no going back on it. We will keep you updated on this developing story soon as we have them.