Mr. David Malpass, President of the World Bank Group, has commended the Federal Government for removing subsidies on petroleum products.
Chief Adegboyega Adegoke, the Executive Director, OES Energy Service Ltd., says the removal of petroleum subsidy will lead to increase in employment and infrastructure development.
Mrs Zainab Ahmed, the Minister for Finance, Budget and National Planning says under-recovery of Premium Motor Spirit (PMS), popularly referred to as fuel subsidy will gulp...