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The World Bank has advised President Muhammadu Buhari to act now if he is seriously considering the removal of fuel subsidy.
The World Bank’s Lead Economist, John Litwack, said Tuesday the best time to take such decision is now.
While the Buhari administration has hinted at its intention to remove fuel subsidy, the debate is still on in the country with many Nigerians, including the organised labour, rejecting the plan.
The issue was discussed Monday at the Executive Council of the Federation meeting.
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The World Bank’s Lead Economist, John Litwack, said Tuesday the best time to take such decision is now.
While the Buhari administration has hinted at its intention to remove fuel subsidy, the debate is still on in the country with many Nigerians, including the organised labour, rejecting the plan.
The issue was discussed Monday at the Executive Council of the Federation meeting.
Click Image to read more from Premium Times