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Temitope Jossou posted an update 1 year, 10 months ago
So i have been searching for a suitable answer to why subsidy was removed. Please help me
Temitope Jossou posted an update 1 year, 10 months ago
So i have been searching for a suitable answer to why subsidy was removed. Please help me
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According to President Tinubu, he said that there is no provision (Budget) for fuel subsidy for the remaining months of the year,. So if there is still subsidy, it’s gonna cost the government extra money and the money is no where unless they borrow.
Meanwhile one yeye minister talk say the subsidy removal is very necessary coz it’s gonna add more money (generate revenue) for the government coz the money that is supposed to be spent on subsidy can be saved and added to government account and also use it to do other important things like education, infrastructures and others.
My brother, help me ask ooh coz this is really bad.😓
Poverty rate is increasing rapidly 🤦😭