20 Jan Fuel Subsidy Removal: Lai Mohammed to Get Clarity from Relevant Agencies, on FG’s Position
The Minister of Information and Culture, Lai Mohammed, has said he would need to consult with relevant agencies to know the exact position of government on whether or not fuel subsidy would be stopped this year.
He spoke with newsmen after the weekly virtual Federal Executive Council (FEC) meeting presided over by Vice President Yemi Osinbajo. He said he was going to initiate a fact-finding process to determine the state of things on the removal of petroleum subsidy following Tuesday’s announcement by Senate President, Ahmad Lawan, that President Muhammadu Buhari had not told anyone to remove fuel subsidy.
When asked to clarify the issue since the 2022 budget had no subsidy provision beyond June, 2022, the minister said he needed to consult with the relevant government agencies to determine the exact position of the subsidy removal question.
“As for the removal of fuel subsidy, I think you will give me time to consult with relevant departments and ministries and I will get back to you,” the minister.
Last October, the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, had announced that the federal government made provision for petrol subsidy only for the first six months of 2022 as the government looked towards a complete deregulation of the sector.
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