Subsidies, according to President Muhammadu Buhari, are not a sustainable strategy even if they continue to be a contentious topic.
He stated that the country's subsidy system needed to be ended in 2023.
He said on Friday when the 2023 budget estimate was presented to the National Assembly in a joint session.
The administration, he added, was doing every effort to assure increased power production throughout the nation.
He added that the government had designated a number of highways throughout the nation for construction.
According to the President, the government's biggest difficulty continues to be the lack of revenue.
He said the government was putting in place measures to ensure that revenue generated by agencies of government are remitted to the Consolidated Revenue Fund of the federation.
He said the revenue reforms being implemented by the government were yielding positive results and sort the continued cooperation of the Assembly in achieving greater efficiency in revenue generation.