Petrol Subsidy Is Unsustainable, We Must Remove It – Buhari
October 8, 2022
6:45 am
President Muhammadu Buhari yesterday made a strong case for the removal of fuel subsidy in 2023, asserting that the policy is not in any way sustainable considering current economic realities.
He shared the position while presenting the 2023 budget proposal to the National Assembly which was pegged at N20.51 trillion.
He said, ‘Petrol subsidy has been a recurring and controversial public policy issue in our country since the early eighties.’
Read Also: Return Africaβs Stolen Assets, Artefacts, Buhari Warns West
βHowever, its current fiscal impact has clearly shown that the policy is unsustainable. As a country, we must now …
