Why Buhari Couldn’t Remove Fuel Subsidy – Adesina

Why Buhari Couldn’t Remove Fuel Subsidy – Adesina

Femi Adesina, President Muhammadu Buhari’s Special Adviser on Media and Publicity, has explained why his principal could not remove the fuel subsidy until now, despite describing it as a fraud.

“Each time there is an effort to fight the fraud in the subsidy regime, you have to contend with labour, you have to contend with the people. The government needed to weigh its options because of the social consequences in it,” Adesina said Channels Television’s Politics Today on Wednesday.

During his campaign for the 2015 presidential election, Buhari questioned the rationale for retaining fuel subsidies, calling them a fraud.

Read Also BREAKING: Tinubu In Benin City, Obaseki Meets Presidential Candidate Of Opposition Party (PHOTOS)

However, approximately eight years later, the Buhari administration recently announced that subsidy removal will take effect in June 2023, after he has completed his two terms in office.

Adesina attributed his principal’s inability to remove the subsidy on Premium Motor Spirit, also known as gasoline, to economic and social factors.

“In the beginning, his (Buhari’s) position was: what was subsidy really? But over the years it became evident that the country was bleeding, the economy was bleeding, there was a lot of hemorrhage which needed to be stopped and the time came and that time is now,” Adesina said.

The presidential aide also stated that the gasoline subsidy had been extended for a longer period of time than was necessary. He went on to say that almost every Nigerian has now realized that it must be stopped.

For More News Join Our WhatsApp Group With This Link Below

https://chat.whatsapp.com/HlD7kmxUzAc2lwlP7yuXzk