Nigerian government denies plans for N5.4 trillion fuel subsidies in 2024, dismissing leaked documents as unapproved proposals.

The Nigerian government has refuted claims that it plans to allocate N5.4 trillion for fuel subsidies in 2024, dismissing the leaked documents as proposals not yet approved by President Bola Tinubu. Special Adviser to the President on Information and Strategy, Bayo Onanuga, urged the media to disregard the documents, emphasizing that the fuel subsidy policy remains unchanged. The government is focused on easing cost-of-living pressures on Nigerians by addressing factors like food inflation, while maintaining its commitment to ending unproductive subsidies.

June 06, 2024
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