Removal of fuel subsidy will worsen Nigeria's woes - Abdulsalami Abubakar

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Mr Abubakar says removing the fuel subsidy will push millions of Nigerians into poverty.

, has cautioned the federal government against removing fuel subsidy, saying it would throw Nigerians into more economic hardship.

If the government forges ahead with the plan, Nigerians may pay between N320 and N340 for a litre of fuel, experts say. This could be more than twice the current price. “Most of these have disrupted the final value chain across the country and negatively impacted the ability of Nigeria to produce, process, and distribute.

Borno State governor, Babagana Zulum, who was a guest speaker at the event, traced the genesis of Nigeria’s state to the abysmal attitude of governors to education and infrastructural deficits. “The only way we can fight insecurity is by becoming resilient enough. If we are not resilient enough, you can’t provide security,” Mr Zulum said.

 

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We want economic not political statements, what you people expected from the PIB, how will the country attract massive investments into the petroleum sector to derive the benefits of economies of scale? etc.

Sounds like a member of the cabal.

ASIWAJU BOLA AHMED TINUBU PRESIDENCY WILL BUILD ON WHAT PRESIDENT MUHAMMADU BUHARI HAS STARTED COMES 2023. SUBSIDY CAN BE REMOVED, THAT IS WHY NIGERIA HIRED HIM.

That's your funeral. People are leaving in 2023, they must create the hardship. Naija politicians are sadists, vindictive.

abba_mustee1 Please he should keep quiet, no one ask his opinion.

Which way Naija?

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