The Minister of Finance and Co-ordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala, yesterday, said the government has not removed fuel subsidy from the 2015 budget, as she confirmed that N145.2 billion provision was made for it.
“I want to clarify that there has been some misinformation that has gone around in the media about the fact that the National Assembly passed the 2015 budget without provision for fuel subsidy. It is not true,” she told newsmen in Abuja.
“It is important that you note that the National Assembly approved provisions of N100 billion for PMS (Petroleum Motor Spirit, otherwise called petrol) and N45.2 billion for kerosene subsidy. So, it is not true that they passed the budget without provision for subsidy,”
she added.
