Minister of Finance, Budget and National Planning, Zainab Ahmed, has said that petroleum subsidy will be completely phased out by June 2023.
Speaking on Tuesday, November 15, in Abuja during a press conference to mark the end of the 28th National Economic Summit, Ahmed revealed that while the removal of fuel subsidy is part of the FG’s medium-term plan in 2023 budget, how to go about it has been the challenge.
She said;
“First, we have to engage. We have already engaged with the states and the public before it was approved as part of the medium-term plan.
“We have to do it by systematically informing the citizens about the size and the quantum of the fuel subsidy.
