Following the failure of the Nigeria National Petroleum Corperaton (NNPC) to remit any revenue for May, the governors are set to back the withdrawal of petrol subsidy.
It was gathered that they have opened discussions with the Nigeria National Petroleum Corperaton (NNPC) over the oil giant’s “zero remittance for May” letter.
The Nation reports a governor to have divuldged this development in confidence on Thursday.
It was reported that the Nigeria Governors’ Forum (NGF) was on the same page with the NNPC because “fuel subsidy is a scam”.
The source added: “It is a case of heavens falling. All will be affected and hopefully, we will stop living a lie. We cannot continue with this scam called subsidy regime.
“Certainly, states may back withdrawal of fuel subsidy to have more funds for far-reaching and impactful projects for Nigerians.”
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