Buhari Reveals Reasons For His Refusal To Remove Fuel Subsidy
June 22, 2022
9:27 am
The Nigerian President, Muhamamdu Buhari in a series of fresh revealations has finally explained why his administration decided to keep paying fuel subsidies despite pressures mounted on him to remove it.
In an interview which he had granted to Bloomberg, President Muhammadu Buhari had stated that the effects of removing fuel subsidies would have been too harsh on Nigerians and they would not have been able to sustain it too.
The President also said they were working on boosting local capacity in order to stem the inflationary pressures.
Buhari claimed that most western countries are implementing fuel subsidies and added …
