BREAKING: Tinubu Meets Oil Marketers Over Subsidy Removal, Gives Fresh Directive (VIDEO)

BREAKING: Tinubu Meets Oil Marketers Over Subsidy Removal, Gives Fresh Directive (VIDEO)

President Bola Tinubu has directed the National Economic Council (NEC) led by Vice President Kashim Shettima to device an approach and begin the process of working on interventions to mitigate the impact of subsidy removal on the Nigerians.

Governor of Ogun State, Dapo Abiodun, stated this after leading some major oil marketers on a courtesy visit to the President at the State House in Abuja.

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Addressing correspondents after the meeting, Abiodun, who was a former chairman of the oil marketers association, stated that the marketers expressed solidarity with the President for removing the N4trn subsidy burden, a move that can enhance the Federation Account Allocation Committee (FAAC) allocation to states.

The group of marketers subsequently announced their intention to donate to 50 to 100, fifty-seater mass transit buses that would run on CNG, costing a N100m each and N10bn cumulatively, to cushion the effect of the removal within the next 30 days.

They are hoping other corporate bodies can emulate their action.

The President’s meeting with the oil marketers comes amid the controversy and protests trailing the removal of subsidy on Premium Motor Spirit known as petrol.

See video below;