Buhari Has No Plans To Dismiss Oil Subsidy, Femi Adesina Says

Mr. Adesina, the Special Adviser to the President for Media and Publicity, told SaharaReporters that “those reports have not come out of the President’s Office, so I cannot confirm them.”

President Buhari has not made any decision to eliminate the oil subsidy for Nigerians
Mr. Adesina, the Special Adviser to the President for Media and Publicity, said “those reports have not come out of the President’s Office, so I cannot confirm them.”

It was previously reported that President Buhari planned on carrying out recommendations from reports out of the Transition Committee, including the removal of oil subsidies to fund education and food for students across the country.

In addition to these recommendations, earlier reports said that President Buhari planned to decentralize and split the Nigerian National Petroleum Corporation (NNPC), to ensure the production and delivery of petroleum products is efficient and cheap.

Mr. Adesina also could not respond to rumors that President Buhari planned to run the Oil Ministry himself, to maximize efficiency and prevent corruption in that sector.