Monday, 22 June 2015

BUHARI TO REMOVE OIL SUBSIDY

President Muhammadu Buhari plans total remove of fuel subsidy and use the proceeds for the provision of free and compulsory primary and secondary education across the country.
The administration is also said to be working on unbundling the Nigeria National Petroleum Corporation,NNPC, to make it more efficient in the production and delivery of products to Nigerians.

FG to pay the controversial N160 billion subsidy claims
Meanwhile, hopes for resolution of outstanding subsidy issues hampering normal supply of petroleum products across the country appear kindled as the special investigation team on subsidy claims verification recommends payment of the controversial N160 billion claimed by oil marketers.

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