Buhari wants palliatives before subsidy removal – Ibe Kachikwu
President Muhammadu Buhari is insisting on putting necessary palliatives in place before any talk of oil subsidy removal, the Group Managing Director (GMD) of the Nigeria National Corporation (NNPC), Dr. Emmanuel Ibe Kachikwu, has said.
Kachikwu, who is a ministerial nominee from Delta State, stated this during the screening of ministerial nominees by the Senate on Wednesday. He noted that if any person from the private sector is asked whether there is need for the removal of oil subsidy, the categorical answer would be yes.
The nominee noted that when the issue came up before President Buhari, he was particularly concerned about the provision of necessary palliatives especially in the areas of transport, health and education.
Kachikwu said he agreed with the President that unless necessary palliatives are put in place "you cannot just remove subsidy."
Kachikwu, who is a ministerial nominee from Delta State, stated this during the screening of ministerial nominees by the Senate on Wednesday. He noted that if any person from the private sector is asked whether there is need for the removal of oil subsidy, the categorical answer would be yes.
The nominee noted that when the issue came up before President Buhari, he was particularly concerned about the provision of necessary palliatives especially in the areas of transport, health and education.
Kachikwu said he agreed with the President that unless necessary palliatives are put in place "you cannot just remove subsidy."
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