Fuel Subsidy Removal - Looking At The Issues & Concerns

The Federal Government of Nigeria recently proposed a plan to remove subsidy on premium motor spirit otherwise known as PMS. There are speculations that this action would see the pump price of petrol rising from N162 to a whopping N300 per litre. To cushion this effect, the government says it will render support to 40 million poor Nigerians with N5,000 stipend each for one year period. But the Nigerian Labour Congress says this action is not feasible. Gist Nigeria takes a look at the possible impact the removal of fuel subsidy would have on the average Nigerian and the economy. Gist Nigeria is a 30-minute current affairs programme, co-produced by Channels Television and the BBC. The program offers in-depth reporting, focusing on stories behind the news and their impact on its audience. Gist Nigeria airs at 9pm on Wednesdays on Channels TV and Channels 24 (UK) on Sky 518. Show time slots: WEDNESDAY 9.00pm On CHANNELS TV & CHANNELS 24{UK} On SKY 518 [New Edition] REPEAT: * THURSDAY 3.30pm On DSTV * FRIDAY 6.30pm On Terrestrial * SUNDAY 11.30 am On Terrestrial * SATURDAY 12.30pm CHANNELS 24{UK} ON SKY 518 Don't forget to subscribe: https://bit.ly/2Hb8hjx Watch more interesting videos: https://bit.ly/34ogCaw Follow Channels Television On: Facebook:   / channelsforum   Twitter:   / channelstv   Instagram: https://www.instagram.com/channelstel... Get more news on our website: https://www.channelstv.com/ #ChannelsTv #GistNigeria #EmpoweringAfricanWomen #ChannelsTv