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Ex-finance Minister Backs President Buhari On Fuel Hike (see What He Said) - Politics - Nairaland

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Ex-finance Minister Backs President Buhari On Fuel Hike (see What He Said) by Jarhsmine10(m): 8:30pm On Sep 06, 2020
Former Minister of State, Finance, Dr. Yerima Lawan Ngama has backed the federal government’s removal of fuel subsidy which shot up price of the commodity.
The economist said despite the difficulties, the decision to abolish Nigeria’s fuel subsidy is the right one.

“The subsidy continues to crowd out other development spending, the cost has also continued to grow exponentially. Nigeria is paying about N1 trillion Naira annually for interest alone of both domestic and foreign loans. We cannot continue like this”, Ngama explained.

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https://www.bruceenation.com/ex-finance-minister-backs-president-buhari-on-fuel-hike-see-what-he-said/

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