It’s time to end costly fuel subsidies, Dangote tells FG

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The President and Chief Executive of Dangote Group, Aliko Dangote, is urging the Federal Government to end fuel subsidies completely.

Speaking in a 26-minute interview in New York, he says the time is right to end subsidies which have gulped trillions of naira from the country ‘s coffers.

According to the business magnet, the removal would assists in determining the country’s consumption.

He states that fuel production from his refinery will help ease pressures in the naira, and also confirms ownership of two oil blocks in the upstream sector with an expected production date next month.

-9News Nigeria.

9News Nigeria TV

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