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Business News of Friday, 6 August 2021

Source: www.legit.ng

Petrol Price: No set date for removal of subsidy - Timipre Sylva

Timipre Sylva, Minister of state for petroleum Timipre Sylva, Minister of state for petroleum

Nigerians will soon be informed about the date when petrol subsidy removal will be effective, Timipre Sylva has said.

The minister of state for petroleum, however, said the government does not currently have a specific date for the subsidy removal.

Sylva explained that the government wants to first put some measures in place to cushion the effects the policy will have on the citizens.

Timipre Sylva, the minister of state for petroleum, says the federal government has not set date for petrol subsidy removal.

Channels TV reported that Sylva said this on Thursday, August 5, explaining that the government is being considerate of citizens.

Timipre Sylva, the minister of state for petroleum, says no date has been set for petrol subsidy removal.Photo credit: Timipre Marlin Sylva