“Fuel Subsidy, a Scam,” Ogun Gov Abiodun Backs President Tinubu, Gives Reason
- The governor of Ogun state, Dapo Abiodun has backed the removal of fuel subsidy under President Bola Tinub’s led government
- Abiodun noted that fuel subsidy is a scam and the removal will improve the livelihood of Nigerians
- The governor noted further that although the effect is harsh at the moment, but Nigerians will smile at last
Governor Dapo Abiodun of Ogun state has described fuel subsidy as a scam, noting its removal by President Bola Ahmed Tinubu would improve the lives of Nigerians.
Abiodun, who was the chairman of the Oil Marketers Association of Nigeria, made this assertion on Wednesday, June 28, while speaking with newsmen shortly after a two-Rakat prayer to mark this year’s Eid-el-Kabir at Lantoro praying ground in Abeokuta, Ogun State, Daily Trust reported.
Gov Abiodun backs Tinubu on fuel subsidy removal
The governor, who was represented by Senator Shuaib Afolabi Salis (Ogun Central), said with the removal of the subsidy, more funds would be available to the Federal Government to address the needs of Nigerians, The New Telegraph report added.
Governor Abiodun called on Nigerians to be patient over the removal of fuel subsidy, saying the hardship being experienced is temporary.
President Tinubu set to meet with NLC over fuel subsidy
In a piece of related news, Legit.ng reported that President Bola Tinubu-led federal government representatives will meet with the NLC team over the planned removal of the fuel subsidy.
Joe Ajaero, the national president of the NLC, revealed the development in a recent interview on Channels Television.
The NLC president maintained that congress had made its position known, and even if the president has good intentions, there must be an alternative before removing the subsidy.
World Bank approves fresh $500m loan for Tinubu’s FG, details emerge
As reported by The Punch, this fresh loan became the second approved by the World Bank under the new administration of President Bola Ahmed Tinubu.
World Bank, in a statement, noted that it gave approval for the loan to scale-up financing for Nigeria for Women Programme, which was initially approved on June 27, 2018, with $100m financing.