The Minister of State for Budget and National Planning, Clem Agba, on Tuesday, reiterated the need to deregulate the downstream petroleum through the removal of subsidy on Premium Motor Spirit.

The Minister of State for Budget and National Planning, Clem Agba, on Tuesday, reiterated the need to deregulate the downstream petroleum through the removal of subsidy on Premium Motor Spirit.

According to him, only the wealthy were currently benefiting from the subsidy.

The minister spoke during the leadership and governors’ discourse on open government partnership held in Abuja on Tuesday.

He stressed the importance of Open Government Partnership which he said was to enable Nigerians to understand the poor state of the economy and look for ways of improving the situation.