Subsidy removal untenable, Buhari tells IMF, World Bank
PRESIDENT Muhammadu Buhari has dismissed the call by the International Monetary Fund (IMF), the World Bank and other leading economists to remove subsidy
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PRESIDENT Muhammadu Buhari has dismissed the call by the International Monetary Fund (IMF), the World Bank and other leading economists to remove subsidy
President Muhammadu Buhari has ruled out the possibility of heeding calls by the International Monetary Fund (IMF), World Bank and other leading economists to remove fuel subsidy. The President said this in an interview he granted Bloomberg with the transcripts
Orji-Ogbonnaya Orji said the removal of fuel subsidy needed to be considered so as to reduce the economic bondage faced, among other reasons.
"We leave Nigeria in a far better place than we found it. Corruption is less hidden for Nigerians feel empowered to report it without fear, while money is returned..."
President Buhari has accused IPOB of complicity in crude oil pipeline vandalism, which he said has hampered production in the country.