All Progressives Congress commends Federal Government on suspension of Fuel Subsidy

The All Progressives Congress, APC welcomes the federal government’s suspension of the planned removal of subsidy on petroleum products.

The National Secretary of the Party, senator John James Akpanudoedehe made this known in a news statement signed by him in Abuja, commending the Federal Government for taking into consideration the fact that the removal of subsidy at this time will heighten inflation and cause undue hardship on the citizenry.

Senator John revealed that in line with the new Petroleum Industry act, PIA, the federal government is already putting in place measures, particularly boosting local refining capacities to reduce the country’s reliance on expensive import of refined petroleum products.

He disclosed that this will in due course usher in the eventual and full deregulation of the country’s petroleum sector.

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