NLC Warns FG Against Heeding IMF’s Advice On Subsidy Removal

NLCGEJThe Federal Government has been asked to ignore a recent recommendation by the International Monetary Fund (IMF) that the  elimination of “subsidy would help fiscal adjustment, mobilise non oil revenues, strengthen oil price rule and oil saving mechanism”.

This request was made by the Nigeria Labour Congress (NLC) which also added that it would resist any attempt to increase the pump price of premium motor spirit (PMS) known as petrol under the guise of subsidy removal.

Details later…

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