"It'll be completed within a year."

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"It'll be completed within a year."

Jan 12 , 2025

Abdulhakim Mulu (PhD), state minister for Trade & Regional Integration (MoTRI), announced last week that the federal government would fully phase out its longstanding fuel subsidies. Despite hiking retail prices by 10pc last week, a rise that pushed the cost of a litre of benzene beyond the 100 Br mark, federal authorities continued to spend around 300 billion Br subsidising the import and distribution of petroleum products.

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