Nigeria, June 2 -- The Director of the Centre for the Promotion of Private Enterprise (CPPE), Muda Yusuf, has said that removing the petroleum subsidy would help reduce the nation's budget deficit and borrowing appetite.

Mr Yusuf disclosed this while speaking at the weekly episode of PREMIUM TIMES' TwitterSpaces. The latest episode of the programme was titled "Fuel Subsidy Removal Walking the Tightrope."

Mr Yusuf attended the event; the president of the Independent Petroleum Marketing Association of Nigeria (IPMAN), Chinedu Okoronkwo; the Managing Director Mutasit Oil and Gas, Titilope Anifowoshe; and many other Nigerians.

Fuel queues returned to Nigerian cities Monday as many motorists scrambled to get petroleum products hours after P...