Wednesday, 29 April 2015

Senate passes 2015 budgets without subsidy provision....

The senate confirmed that the executive did not make provision for fuel subsidy in the 2015 budget and that the National Assembly left it the way it was presented. Already there is a standing disagreement between the oil marketers and the Federal Government over subsidy payment. Now if it actually stands
that way, what will then happen to fuel price and other related circles it may affect?
The Senate on Tuesday passed N4.493tn budget for the 2015 fiscal year, about five months after it was presented by the Minister of Finance with 'education' sector taking the lion share. Let see how this will be translated into the economy. The masses have clamoring for change.....

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