The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made this disclosure at an event in Abuja marking the first 100 days in office of Esther Walso-Jack, Head of the Civil Service of the Federation. According to him, the two subsidies were costing the country five percent of the Gross Domestic Product, GDP. “When there was a subsidy on PMS and on foreign exchange, they collectively cost five percent of GDP.
recalls that President Bola Tinubu officially ended the petrol subsidy regime on May 29, 2023.
الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين
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Nigerian Govt to commence payment of pension backlog – Finance Minister EdunThe Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has assured that the Federal Government will soon begin payment of the pension backlog.
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