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Lawmaker Demands Measures Against Pains Of Subsidy Removal

Published

2 weeks ago

Nov 11, 2024.

The Chairman, Senate Committee on Finance, Sani Musa, has call on the Federal Government to initiate more mitigating measures to ameliorate effects of subsidy removal.

Musa made the call in a statement on Sunday to clarify his support for subsidy removal and commitment to addressing citizens’ concerns.

He said the mitigating measures that should be put in place include strategic investments in social welfare programmes.

Others, he said are improvement in security and support for economic growth at all levels.

“When I said, ‘removing subsidy is the best thing that happened to Nigeria,’ my assertion was not intended to overlook or diminish the economic challenges faced by Nigerians.

“Rather, it was a statement grounded in the reality that, for years, subsidy payments have lined the pockets of a few powerful individuals at the expense of the nation,” he explained.

According to the lawmaker, hundreds of billions of naira that should have been channeled into vital infrastructure, education and healthcare ended up benefiting a privileged few

The legislator further stated that this had deprived over 230 million Nigerians of necessary resources and opportunities.

Musa reiterated that the removal of the subsidy was a step towards eliminating systemic corruption and redirecting resources to where they are truly needed.

“However, I agree that it must be accompanied by strong measures to
mitigate the impact on everyday Nigerian.

“I am deeply aware of the pressing issues of insecurity affecting even my
senatorial district for many years and other parts of the country. I have not and will not remain silent on these matters.

“I am committed to amplifying our voices and pushing for comprehensive strategies that address safety, economic empowerment and equitable development,” he said.

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