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Nigerian Government Postpones Fuel Subsidy Removal Indefinitely
Manage episode 318514653 series 2902121
Contenuto fornito da Africa Business Radio. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Africa Business Radio o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
The Minister of Finance, Budget and Economic Planning, Zainab Ahmed, says that the Federal Government had postponed the planned removal of subsidies on petroleum products till further notice.
The finance minister says the Federal Government initially had plans to remove subsidies on petroleum products from July this year.
She says that was the reason adequate provision was made in the 2022 national budget for subsidy payment till June.
She says the provision was made sequel to the passage of the Petroleum Industry Act which indicated that all petroleum products would be deregulated.
…
continue reading
The finance minister says the Federal Government initially had plans to remove subsidies on petroleum products from July this year.
She says that was the reason adequate provision was made in the 2022 national budget for subsidy payment till June.
She says the provision was made sequel to the passage of the Petroleum Industry Act which indicated that all petroleum products would be deregulated.
1000 episodi
Manage episode 318514653 series 2902121
Contenuto fornito da Africa Business Radio. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Africa Business Radio o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
The Minister of Finance, Budget and Economic Planning, Zainab Ahmed, says that the Federal Government had postponed the planned removal of subsidies on petroleum products till further notice.
The finance minister says the Federal Government initially had plans to remove subsidies on petroleum products from July this year.
She says that was the reason adequate provision was made in the 2022 national budget for subsidy payment till June.
She says the provision was made sequel to the passage of the Petroleum Industry Act which indicated that all petroleum products would be deregulated.
…
continue reading
The finance minister says the Federal Government initially had plans to remove subsidies on petroleum products from July this year.
She says that was the reason adequate provision was made in the 2022 national budget for subsidy payment till June.
She says the provision was made sequel to the passage of the Petroleum Industry Act which indicated that all petroleum products would be deregulated.
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