|Subsidy Removal Experience for Nigeria|
|Written by public relations Dept./Gh|
|Tuesday, 17 April 2012 11:10|
Iran Daily 17 April- Iran expressed readiness to share its experiences with Nigeria on the removal of subsidies, minister of industries, mines and trade said.Mehdi Ghazanfari added, “In Nigeria, there are many oil subsidies handed out by the government. Iran will use its experience to help Nigeria positively remove its subsidies like Iran has done,” Press TV reported on Monday.
“It is important to mention that Iran has been acknowledged by the World Bank and the IMF (International Monetary Fund) for the removal of subsidies, and the positive impact it had on its economy,” he added.
The minister’s remarks came on the sidelines of the fourth meeting of the joint Iran-Nigeria economic, industrial and trade commission.
Nigeria’s Foreign Minister Viola Onwuliri also explained that the Nigerian president was impressed with Iran’s positive achievements in removing subsidies.
She said that Nigeria has started the removal of subsidies, adding that her country is willing to benefit from Iran’s experience in completely removing the subsidies.
In addition to taking part in the two-day joint commission, the visiting Nigerian minister will also hold talks with Iran’s Foreign Minister Ali Akbar Salehi to discuss bilateral ties.
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