Petrol subsidy can’t continue — NEC
Petroleum subsidy will be over in June, the National Economic Council (NEC) hinted yesterday. Nasarawa State Governor Abdullahi Sule told reporters in Abuja after a NEC meeting that the provision for subsidy in the 2022 budget terminates in June. According to him, the decision on what to do next is the prerogative of the Nigerian National Petroleum Corporation (NNPC) Limited. He spoke along with Edo State Governor Godwin Obaseki. However, former Head of State Gen. Abdulsalami Abubakar warned against removal of petrol subsidy, saying that it would push more Nigerians into poverty. Gen. Abdulsalami spoke at another forum in Abuja.