By Haruna Ayyuba, Abuja
The National Economic Council of Nigeria has concluded its first session this year under the Chairmanship of Vice President Yemi Osinbajo without a decision on oil subsidies.
In the meantime, Nigerians expect the council to state its position on the unsustainable fuel subsidy after advising the government to increase oil prices to N305 in November 2021.
When reporters asked to hear what they had to say, the members of the council gives a very long ordeal comparing Nigeria's fuel price with the other neighboring countries.
They said they had been discussing the issue for a long time, and had received a lot of information from a committee set up by them, chaired by Kaduna Governor Mallam Nasiru El-Rufai.
They also added that if it were not for the oil subsidy, it would have been money that could be used to improve education and provide roads, hospitals and other amenities to Nigerians.
While interviewed, Edo State Governor Godwin Obaseki told NEWSKEEPER that, "After reviewing their data, the members of the council, realized that less than one-third of Nigeria's states are benefiting from two-thirds of the oil subsidy."
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