BUSINESS: IMF Advice's Nigeria on how to Remove Fuel Subsidy (see reasons)
the International Monetary Fund (IMF) has Advising that fuel subsidies should be removed and focus on building hospitals, to build roads, to build schools, and to support education and health for the people.
Why Nigeria Should Remove Fuel Subsidy – IMF
The Managing Director of the International Monetary Fund (IMF), Christine Lagarde, says Nigeria and other countries across have spent $5.2 trillion on fuel subsidy since 2015.
Naija News reports that Lagarde made this statement while addressing the press on Thursday at the ongoing spring meetings of the International Monetary Fund and World Bank Group.
According to the IMF boss, such money could have been spent on health and education.
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