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Why Nigeria Should Remove Fuel Subsidy – IMF Largarde

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The Managing Director, International Monetary Fund, Madame Christine Lagarde, has called on Nigeria’s Government to remove fuel subsidy, saying it is the proper step in the face of current global realities.

Addressing a press conference on Thursday at the on-going joint annual spring meetings with the World Bank in Washington DC, the IMF boss said with the low revenue mobilisation that existed in Nigeria in terms of tax to Gross Domestic Product, it was important for the country to remove fuel subsidy.

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