Hardship may worsen as Economic Advisory Council ask Buhari to remove fuel subsidy

If President Mohammadu Buhari harkens to the advice by the Presidential Economic Advisory Council to remove subsidy on petrol and adopt a pricing regime that reflects the cost of the commodity, Nigerian may be in for more hard times. The council, set up in 2019 by Buhari and chaired by Prof Doyin Salami replaced the defunct Economic Management Team led by Vice-President Yemi Osinbajo. The council, charged with the responsibility of advising the President on economic policy matters including fiscal analysis, economic growth and a range of internal and global…

Read More