News Formal

Finance minister contradicts Presidency, says food prices rising

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Eniola Akinkuotu, AbujaThe Minister of Finance, Zainab Ahmed, says food prices are indeed going up. This is contrary to claims by the Senior Special Assistant to the President on Media and Publ...

’ programme on Monday, the minister said indeed the prices of food were rising.

Ahmed said it would be good if subsidy could be targeted at certain sectors and not to all Nigerians as was done in the previous regime. “But if you now change the regime and say any truck that carries food or produce, the diesel price is subsidised, you are subsidising production because it means food items get to the market cheaper but as long as you are subsidising consumption, whether it is fuel or electricity, there will always be the propensity for gain in the system and then there is always the fact that you are subsiding everybody and it is not everybody that needs it.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 8. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Finance Ministry cuts 2021 Presidency budget to N10bn - Vanguard NewsThe Ministry of Finance has put the expenditure ceiling of the 2021 pre-bilateral proposal for the Presidency at N10b against the N15.3b...
ソース: vanguardngrnews - 🏆 5. / 75 続きを読む »