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Federal government finally withdraws from the fuel subsidy and price-fixing – Atiku Abubakar

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Nigerian Former Vice President Atiku Abubakar described the stoppage of subsidy and price-fixing for petrol as a right move by President Muhammadu Buhari led administration.

Atiku Abubakar In his verified Twitter handle on Friday, called on the Federal and State Governments to remove other impediments and roll out incentives to spur investments in the oil sector.

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“Federal government finally withdraws from the fuel subsidy and price-fixing bazaar that had been rife with corruption and stalling investments.

“This is something patriots have been calling for and for which I was demonised.

Atiku Abubakar said the stoppage of subsidy and price-fixing is the right move by the Muhammadu Buhari led administration and this will make our economy stronger.

“The stoppage of subsidy and price-fixing is a right move, although it should have come earlier when the economy was stronger. He added

“Federal and state governments should proceed to remove other impediments and roll out incentives to spur investments in the sector, especially the numerous refineries that had been licensed but are yet to be built.

“Then ensure the quality of fuel meets set standards,” Abubakar twitted.

 

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