The Federal Government says it is considering how best to achieve subsidy removal without disrupting livelihoods in Nigeria.
The Permanent Secretary, Ministry of Petroleum Resources, Amb. Gabriel Aduda, said this while briefing newsmen on Thursday at the end of the Nigeria International Energy Summit.
He said the Federal Government was committed to subsidy removal but could not be too specific until all indices were considered, to ensure that the effect would not be harsh on average Nigerians.
The summit was declared open by the President Muhammadu Buhari represented by Secretary to the Government of the Federation, Mr Boss Mustapha.
The sixth edition of NIES, which was held from April 16 to April 20, had as its theme, “Global Perspectives for a Sustainable Energy Future.”
Aduda said although subsidy removal had been in focus for some time, President Buhari, who doubles as Minister of Petroleum Resources, was taking it very seriously, including everyone in the industry.
“We totally understand the importance of removal of subsidy but we also understand the greater importance of the citizens in the scheme of things.
Punch