close
Thursday, June 1, 2023

Nigerians deserve fuel subsidy removal, ex-minister Adegoroye says

“He (Mr Tinubu) said subsidy is a cankerworm that has stifled our economy, and it only fans the embers of corruption.”

• June 1, 2023
Queue at filling station
Queue at filling station

Former transport minister Ademola Adegoroye says President Bola Tinubu’s declaring that fuel subsidy has been removed is a courageous step taken in the best interest of Nigerians.

Mr Adegoroye, in a statement on Wednesday, expressed hope that the decision would alleviate the sufferings of the masses, stressing that this could be by implementing policies that would cushion the effects of the subsidy removal.

The former minister recalled that the president had pronounced subsidy removal before becoming president.

“He (Mr Tinubu) said subsidy is a cankerworm that has stifled our economy, and it only fans the embers of corruption. Thus, retaining it will do us no good,” Mr Adegoroye explained.

According to the ex-minister, the president’s move shows he is coming to work for Nigeria and not to play politics with Nigerians.

“Nigerians ought to be prepared as notice was given. We pray for more sincere leaders like President Tinubu,” Mr Adegoroye added. “Let Nigerians be assured that this is a government that cares for their welfare, and as such, Mr President will shortly take well-considered measures to alleviate the suffering of Nigerians arising from the no subsidy regime.”

During his inaugural speech, the new president pronounced the removal of the fuel subsidy in Nigeria. 

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Nigerians treeking and some in the market

NationWide

FIRS says Nigeria’s tax-to-GDP ratio jumped to 10.86% in 2021

Mr Nami urged President Bola Tinubu’s government to consider reviewing its tax waiver policies, guaranteeing increased revenue to prosecute its programmes.

Ejike Okechukwu

Rights

Nigerian women cause of their woes, says Anambra lawmaker

“Women make rules in their meetings regarding how their burial rites, widowhood, girl child conduct should be. It is not the men.”

Black market fuel

States

Cross River: NSCDC operatives to check hoarding, hawking of petrol

The Nigeria Security and Civil Defence Corps has deployed its operatives to depots and filling stations in Cross River to ensure petrol is available to the public.

FUEL QUEUE IN CALABAR

Economy

Petrol now N600 in Calabar amid subsidy removal, NNPC template

The price of petrol has soared in Calabar, Cross River, since the “unfortunate” pronouncement by President Bola Tinubu to end the subsidy regime.

Bukayo Saka

Sport

Nigerian-born Arsenal, England football star Bukayo Saka visits Nigeria

Nigerian-born Arsenal and England international star Bukayo Saka is in Nigeria following the conclusion of the 2022/23 Premier League season.

Boko Haram insurgents

States

Two wanted terrorists killed in Katsina: Police

“They are notorious terrorists/bandits and arms smugglers who have been on the command’s wanted list.”