THE House of Representatives has said there was no going back on the removal of subsidy, noting that

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THE House of Representatives has said there was no going back on the removal of subsidy, noting that the completion of Dangote Refinery was what was holding back its removal.
Chairman of the Committee on the Economic Community of West African States, ECOWAS, Adebayo Balogun, said at the just concluded commissioning of Lekki Deep Seaport in Lagos, that subsidy would be removed as soon as the refinery came on stream.
Balogun, who represents Ibeju Lekki Federal constituency of Lagos State, said fuel subsidy would be removed by April, adding that going by the Petroleum Industry Act, subsidy was to be removed by June this year.
He explained that the PIA had to be amended for subsidy to be removed in June but noted that the Federal Government had said it planned to remove it by April.
According to him, subsidy cannot be removed if Dangote and other refineries are not ready.

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