Vunderkind
Social Member
Despite previous denials, there are strong indications that the Federal Government is still bent on removing subsidy on petrol and kerosene. The Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, who gave this indication at the ongoing Nigeria Oil and Gas Conference in Abuja, stated that the subsidy payable to marketers on imported refined petroleum products could not be sustained.
She said: “Now that reforms in power sector are underway, the next focus should be reforms in the downstream sub-sector.”
Alison-Madueke said that the continued regulation of the downstream sector had its positive and negative impact on the economy.
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Source: National Mirror Online
She said: “Now that reforms in power sector are underway, the next focus should be reforms in the downstream sub-sector.”
Alison-Madueke said that the continued regulation of the downstream sector had its positive and negative impact on the economy.
Click here to read more
Source: National Mirror Online
