 The Centre for Promotion of Private Enterprises, CPPE, has said that the proposed plan to remove petroleum subsidy would improve Nigeria government's revenue by at least 6 trillion naira annually. Mouda Yusuf, director of CPPE, disclosed this on Sunday in a statement titled, tweaking the 2023 finance bill and options for unlocking revenues in 2023. Mr Yusuf noted that a Nigerian economy is heavily burdened and encumbered by two major subsidy regimes. The fuel subsidy regime and the foreign exchange subsidy regime. The CPPE boss added that huge sums of revenue put at a minimum of 6 trillion naira annually can be realized from this subsidy program if appropriate reforms are implemented.