Groups support Kwankwaso proposal for alternative fuel subsidy
The Nigeria Democratic Congress and Peter Obi’s political camp have backed Rabiu Kwankwaso’s proposal to reintroduce fuel subsidy in a different form if he is elected. The supplied report does not explain the proposed model, its cost or the groups’ conditions for supporting it.
The Nigeria Democratic Congress and Peter Obi’s camp have backed a proposal by Rabiu Kwankwaso to reintroduce fuel subsidy in a different form if he is elected, Punch Nigeria reports. The support concerns Kwankwaso’s proposal for an alternative approach to subsidising fuel. The supplied material does not describe how that approach would work or distinguish it from the previous subsidy system.
It also does not identify the election to which the proposal refers, give a timetable for implementation or estimate the cost to public finances. No details are provided about how the subsidy would be targeted, funded or monitored. The report does not include comments from Kwankwaso beyond the description of the proposal, nor does it give a response from the federal government, economic officials or groups opposed to subsidies.
The positions attributed to the NDC and Obi’s camp are the only reactions included.
This independently written report is based on information supplied by the named publisher. Vertrix News has not independently verified the source report.