News

Subsidy Removal: Tinubu Directs Shettima-Led NEC To Work Out Interventions

President Bola Tinubu has directed the National Economic Council (NEC) led by Vice President Kashim Shettima to immediately device an approach and begin the process of working on interventions to mitigate the impact of subsidy removal on the Nigerians.

Gatekeepers News reports that Governor Dapo Abiodun of Ogun State, Southwest Nigeria, confirmed the development on Wednesday, after leading some major oil marketers on a courtesy visit to the president at the State house.

Governor Abiodun who was a former chairman of the Oil marketers association told reporters that the marketers expressed solidarity with the President for removing the 4 trillion naira subsidy burden.

Gatekeepers News reports that the group of marketers visited the president on Wednesday and declared their intention to donate between fifty to a hundred ’50-seater’ mass transit buses to help the masses.

This is expected to cost about a 100 million naira each and 10 billion naira cumulatively, to cushion the effect of the subsidy removal within the next 30 days.

The marketers expressed a hope that other corporate bodies can emulate their action.

Fehintola Ambali-Salam

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