Remove Subsidy And Stimulate Infrastructure, Tinubu Tells Buhari

Forum 8 years ago

Remove Subsidy And Stimulate Infrastructure, Tinubu Tells Buhari

The National leader of All Progressives Congress (APC), and former governor of Lagos State, Asiwaju Bola Ahmed Tinubu has asked President Muhammadu Buhari to remove fuel subsidy without further delay.
Speaking at the 10th memorial anniversary of late Bala Usman, Tinubu said, with the removal of subsidy, the money can be used to feed school children with the country’s local products, promote agriculture and create jobs.
Tinubu said there were too many demons in the subsidy system, adding that “It is better that we remove it and spend the money to save the people instead of expend the people to save the money.”
The APC national leader noted that if Bala Usman was to be alive, he would have equally called for immediate removal of the subsidy, adding that, “What I have said here is more than talk. It is a call to action”.
Tinubu said, “In a perfect world, I wish we could sanitize the subsidy regime and thus continue with it. However, I have reached the conclusion that there are too many demons in the system for that hell to be turned into heaven.
“It is better that we remove it, not for the purpose of saving money but to use the money more wisely that we might better save the people. Let us begin a process of a thoughtful, but decisive subsidy phase-out.
“While this is occurring, we should simultaneously phase in social programs benefiting the poorest, most vulnerable among us. Programmes such as transportation subsidies, school feeding, improved basic medical care and coverage for the poor, and potable water projects are some of the things that can be done with the same funds."