President Muhammadu Buhari is insisting on putting necessary palliatives in place before any talk of oil subsidy removal comes up, the Group Managing Director of the Nigeria National Corporation (NNPC), Dr. Emmanuel Ibe Kachikwu, has said.
Kachikwu, who is a ministerial nominee from Delta State, stated this during his screening by the Senate on Wednesday.
The NNPC boss noted that if any person from the private sector is asked whether there is need for the removal of oil subsidy, the categorical answer would be yes.
He revealed that when the issue came up before President Buhari, he was particularly concerned about the provision of necessary palliatives especially in the areas of transport, health and education.
Kachikwu said he agreed with the president that unless necessary palliatives are put in place “you cannot just remove subsidy”.