4.3 C
New York
Wednesday, February 21, 2024
HomeUncategorizedSubsidy removal: Tinubu took right decision – Ndume

Subsidy removal: Tinubu took right decision – Ndume

Borno South Senator and Senate Chief Whip, Ali Ndume, has said President Bola Tinubu took the right decision by removing fuel subsidy.

Ndume said the Nigerian Government has saved a lot of money since Tinubu announced subsidy removal.

He spoke while featuring on Channels TV programme, Politics Today on Friday.

According to Ndume: “All Nigerians also agree that some of the hard decisions needed to be taken. You can imagine what we have saved from the period he announced that subsidy would be no more.”

Tinubu had announced the removal of fuel subsidy during his inauguration in Abuja on May 29.

Advertisements

The Federal Government had saved about N1.45tn from earnings generated from the removal of subsidy between June and September.

This is according to FAAC allocation documents on the website of Nigeria’s Governors Forum and National Bureau of Statistics.

Advertisements

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

Recent Comments

Onuegbu Chuks Theophilus on Mikel Obi quits Super Eagles
Thomas H. Anderson on Roman Goddess_3
Oladimeji Emmanuel on Obama sends investors to Buhari