mitigating the effects of the planned subsidy removal on citizens. Zainab, while responding to questions by reporters at the public presentation of the 2022 budget, said the Government is set to comply with the provisions of the Petroleum Industry Act 2021 to fully deregulate prices of petroleum products. She explained that the PIA 2021 has made a provision that indicates that all by-products’ prices will be deregulated, and so far we have been able to deregulate kerosene prices and diesel prices. Also, the Minister, while coming on the proposed 5,000 naira transport grant, noted that the initiative was still at the proposal stage, adding that it was being weighed alongside other proposals aimed at reducing the impact of the subsidy removal on Nigerians. She said government would implement any proposal with greater practicability and wider benefits for Nigerians.
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Osinbajo, Panel To Meet NLC Over Subsidy Removal, Transport Palliative
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