16 June 2021
“Nigeria is not this boundlessly rich country. We are wealthy in several other respects. Our human capital is a source of strength. But in terms of this naira and kobo, we are not a rich country, and we need to do more to communicate that to the population in our country,” he said.He said, “Petrol subsidy does not really benefit the poor. It is the middle class and the rich who are beneficiaries of PMS subsidy. And we have removed the diesel subsidy. We have removed the kerosene subsidy.
He said, “But I do understand that there is a deficit of trust between us as leaders and the general populace in terms of what do we do with that N1.2tn even if we succeed in saving it.
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