FG Speaks On Agreement With Govs On Fuel Subsidy Palliatives

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The Federal Government is yet to agree with state governors on the palliative measures ahead of the June 2023 deadline for the discontinuation of fuel subsidy.
The Minister of State for Budget and National Planning, Clem Agba, made this known to State House Correspondents shortly after the Federal Executive Council (FEC) meeting on Wednesday.

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Agba stated that the suggestions that have come out from both the Federal Government and the governors on the palliative measures have not been finalized.

He said a committee led by Vice President Yemi Osinbajo, and the National Economic Council, composed of state governors, would soon conclude discussions with key stakeholders before May 29.

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The minister argued that while the Osinbajo-led committee has no definite timeline to conclude its assignment, discussions were ongoing.

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Agba explained that the delay was necessary because the situation had far-reaching consequences for the nation.

He said: “So, the stage that we are in now is how to finalise the suggestions that have come out from both the Federal Government and the governors.

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“Like you know, it is something that is going to affect the entire nation. They just have to ensure that everyone is carried along, that is both the federal and sub-national governments.”

 

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