{"id":89116,"date":"2023-06-03T10:33:49","date_gmt":"2023-06-03T09:33:49","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/subsidy-removal-fg-broke-tinubull-roll-out-incentives-to-reduce-effect-onanuga"},"modified":"2023-06-03T12:53:25","modified_gmt":"2023-06-03T11:53:25","slug":"subsidy-removal-fg-broke-tinubull-roll-out-incentives-to-reduce-effect-onanuga","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/subsidy-removal-fg-broke-tinubull-roll-out-incentives-to-reduce-effect-onanuga","title":{"rendered":"Subsidy removal: FG broke, Tinubu\u2019ll roll out incentives to reduce effect \u2013 Onanuga"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>Bayo Onanuga, a former spokesman to President Bola Tinubu, has declared that the Nigerian Government is \u201cvirtually broke.\u201d<\/p>\n

Onanuga made the remark while stressing that the subsidy on fuel is no longer sustainable.<\/p>\n

To this end, Onanuga urged Nigerian workers to support Tinubu as he develops incentives to cushion the effect of fuel subsidy removal.<\/p>\n

In a tweet, Onanuga wrote: \u201cSubsidy of fuel is no longer unsustainable as the FG is virtually broke.<\/p>\n

\u201cApart from its N77 trillion debt, it also owes the NNPC Limited about N2.4 trillion for past subsidies.<\/p>\n

\u201cThe Nigerian people and workers should support the government as it works out new wages and rolls out other interventions, as promised by President Tinubu, to mitigate the effects of new fuel price.\u201d<\/p>\n

For More News And Analysis About Nigeria<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. Bayo Onanuga, a former spokesman to President Bola Tinubu, has declared that the Nigerian Government is \u201cvirtually broke.\u201d Onanuga made the remark while stressing that the subsidy on fuel is no longer sustainable. To this end, Onanuga urged Nigerian workers to support Tinubu as he develops incentives to cushion the effect of […]<\/p>\n","protected":false},"author":84,"featured_media":89114,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1570,2140,254,8568,6006,945],"class_list":["post-89116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-nigeria-2","tag-nigeria","tag-onanuga","tag-subsidy-removal","tag-tinubu"],"yoast_head":"\nSubsidy removal: FG broke, Tinubu\u2019ll roll out incentives to reduce effect \u2013 Onanuga - Nigeria<\/title>\n<meta name=\"description\" content=\"Bayo Onanuga, a former spokesman to President Bola Tinubu, has declared that the Nigerian Government is \u201cvirtually broke ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/subsidy-removal-fg-broke-tinubull-roll-out-incentives-to-reduce-effect-onanuga\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Subsidy removal: FG broke, Tinubu\u2019ll roll out incentives to reduce effect \u2013 Onanuga\" \/>\n<meta property=\"og:description\" content=\"Bayo Onanuga, a former spokesman to President Bola Tinubu, has declared that the Nigerian Government is \u201cvirtually broke ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/subsidy-removal-fg-broke-tinubull-roll-out-incentives-to-reduce-effect-onanuga\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-03T09:33:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-03T11:53:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/06\/sm_1685776946.574951.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1440\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/subsidy-removal-fg-broke-tinubull-roll-out-incentives-to-reduce-effect-onanuga#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/subsidy-removal-fg-broke-tinubull-roll-out-incentives-to-reduce-effect-onanuga\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Subsidy removal: FG broke, Tinubu\u2019ll roll out incentives to reduce effect \u2013 Onanuga\",\"datePublished\":\"2023-06-03T09:33:49+00:00\",\"dateModified\":\"2023-06-03T11:53:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/subsidy-removal-fg-broke-tinubull-roll-out-incentives-to-reduce-effect-onanuga\"},\"wordCount\":149,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/subsidy-removal-fg-broke-tinubull-roll-out-incentives-to-reduce-effect-onanuga#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/06\/sm_1685776946.574951.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"Nigeria\",\"onanuga\",\"Subsidy Removal\",\"Tinubu\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/subsidy-removal-fg-broke-tinubull-roll-out-incentives-to-reduce-effect-onanuga#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/subsidy-removal-fg-broke-tinubull-roll-out-incentives-to-reduce-effect-onanuga\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/subsidy-removal-fg-broke-tinubull-roll-out-incentives-to-reduce-effect-onanuga\",\"name\":\"Subsidy removal: FG broke, Tinubu\u2019ll roll out incentives to reduce effect \u2013 Onanuga - 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