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Subsidy removal: FG broke, Tinubu’ll roll out incentives to reduce effect – Onanuga

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Subsidy removal: FG broke, Tinubu’ll roll out incentives to reduce effect – Onanuga

Published 

on June 3, 2023

By Seun Opejobi

Bayo Onanuga, a former spokesman to President Bola Tinubu, has declared that the Nigerian Government is “virtually broke.”

Onanuga made the remark while stressing that the subsidy on fuel is no longer sustainable.

To this end, Onanuga urged Nigerian workers to support Tinubu as he develops incentives to cushion the effect of fuel subsidy removal.

In a tweet, Onanuga wrote: “Subsidy of fuel is no longer unsustainable as the FG is virtually broke.

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