Headlinenews.news correspondents filed in a report confirming that President Bola Ahmed Tinubu is considering some damage control options for the hardship experienced by Nigerians by arranging a ‘Temporary Subsidy’ on PMS as Crude Oil Prices & Foreign Exchange Rates continue to fluctuate and rise due to global dynamics.
The President is therefore exploring various strategic options to alleviate the situation in the country with economic relief measures.
The Temporary Subsidy will serve as a stop gap to prevent a worsening situation and uncontrollable escalation of costs in every sector of life by Nigerians.
President Tinubu as a humanitarian is considering the plight of Nigerians and his advisers are recommending only 50% off the Subsidy rate to bring down the cost of PMS.
Headlinenews.news confirms this as a welcome development offering a respite to Nigerians at a time like this.
Dr. Hameeda., Imran Khazaly.
Headlinenews.news
