FG To Amend PIA, To Pay Fuel Subsidy For 18 More Months
Oil & Gas

FG To Amend PIA, To Pay Fuel Subsidy For 18 More Months

By Babajide Okeowo

The Federal Government is planning to approach the National Assembly to amend the Petroleum Industry Act (PIA).

Consequently, FG plans to extend its suspension of the removal of fuel subsidy by 18 more months.

The Minister of State for Petroleum Resources, Mr Timipre Sylva, announced this on Tuesday while briefing State House correspondents in Abuja.

Recall that the Federal Government has announced plans to indefinitely suspend the planned removal of petrol subsidy

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