By Kamil Opeyemi
A former Governor of Ekiti, Ayo Fayose, has described as the wisest and best decision, the removal of fuel subsidy by President Bola Tinubu. Fayose, while reacting to the development, said Nigerians would be better for the decision. “I appeal to Nigerians to bear with the government for now as the present hardship will ease out with time.
“Removing the fuel subsidy is the best thing to do and it has to be done once and for all.
“Unfortunately, the subsidy regime has only been benefiting a few people in the oil industry and Nigeria must break this chain once and for all.
“No doubt, President Tinubu is not a magician who can manufacture money. He can only strategically reposition the country, using his experience and intellect, which he has started.
“Many govts have come and paid lip service to all these issues, it is time to sustain our country by taking decisions that may be seen as harsh, but can return the country back to the path of progress.
“The NLC and all interested parties, especially ordinary Nigerians should realize that the last administration did more damage and the new government can only be finding ways and means to stabilize the country.
“Sadly, like typical Nigerians who are always desirous of taking advantage of every situation, the fuel marketers are only interested in making money for themselves and methinks the govt should come very hard on them this time.
“Anyone among them found to be hoarding fuel or selling at an exorbitant rate should be dealt with.” NPO Reports that Tinubu had on Monday during his inaugural speech, told Nigerians that by virtue of the current budget, “subsidy is gone.”
The development has sent shockwaves to the economy with the Organised private labour fighting to have the decision reversed.