Transition Committee to Buhari: End fuel subsidy, privatise refineries

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President Muhammadu Buhari of Nigeria
President Muhammadu Buhari of Nigeria has been advised to end a fuel subsidy programme and privatise Nigeria’s four refineries in a report by his transition committee, senior sources in his party told Reuters on Sunday.
It would be recalled that the former vice chairman, Senate Committee on Petroleum (upstream) in the 7th Assembly, Senator Kabir Marafa, called for the removal of oil subsidy to end any scarcity of the product in the country.
Marafa (APC Zamfara-Central) also called for the deregulation of the oil sector. He said that the unending subsidy claims were as a result of the …Read More

Source:: PM Newspaper