The Chief Whip of the Nigerian Senate, Senator Ali Ndume, has stated that the Group Managing Director of the NNPCL disclosed to him that Nigeria will not be able to save any money despite the fact that the country has removed fuel subsidy....READ THE FULL ARTICLE HERE ▶▶
Senator Ali Ndume made this known during an interview with a journalist on Arise Television. During the interview, Senator Ali Ndume said, “I asked the GMD of NNPCL where is the money saved from subsidy removal and he said that there is no money. I asked him what he meant by there is no money and he said that before the fuel subsidy was removed, Nigeria borrowed in other to subsidize and they were running at a loss.”
recovers and there is profit, then they will pay the money to the government. I asked the GMD why they were asking Nigerians to make sacrifice.about fuel subsidy, why does the government not want to introduce food stamps?”…READ FULL ARTICLE
