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Headline : LCCI demands clarity on fuel subsidy policy

Read more from the original article on here at www.ripplesnigeria.com.






Tags : #lcci #demands #clarity #fuel #subsidy #policy


No. of Paragraph 42

The Lagos Chamber of Commerce and Industry (LCCI) has demanded that the Federal Government tell Nigerians the truth on the petrol subsidy.

The LCCI also lamented that the prices of petrol have risen by approximately 430 percent since President Tinubu assumed office on May 29 last year.

In a statement issued on Friday,, the LCCI President, Gabriel Idahosa, opined that the price hike may be part of the government’s intention to fully deregulate the oil and gas sector and implement a complete petrol subsidy removal policy.

He, however, said the controversies surrounding the policy has contributed significantly to the distortions in the business environment.

Read more from the original article on here at www.ripplesnigeria.com.


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