According to President Muhammadu Buhari, oil subsidies would end in 2023.
This was said by the President during his statement on Friday during a joint session of the national assembly regarding the introduction of the 2023 budget plan.
The 2023 budget was N19.76 trillion and was titled "Budget of Fiscal Sustainability and Transition."
The National Assembly was also advised by President Buhari that tertiary institutions cannot be found by the government on their own.
Buhari stated that the government will take additional steps to adequately fund education in Nigeria, making reference to the practise in some other climates.
Meanwhile, the Senate President, Ahmad Lawan, has urged the Executive to ensure that the 2023 budget of fiscal stability and transition is used to complete a lot of ongoing projects across the country.
Lawan said, “this administration has been consistent in ensuring the delivery of landmark infrastructure across the country.
“The last three budgets have made generous provisions for different projects.
“While some have been completed, work on others are ongoing at high paces.
“The 2023 Budget should therefore focus on completing a lot more.”