Connect with us

News

It’s ‘Best Thing for Nigeria – Senator Praises Tinubu’s Fuel Subsidy Removal

Published

on

Tinubu 2027 APC Opposition

Senator Sani Musa, representing Niger East Senatorial District, commended President Bola Tinubu’s decision to end the fuel subsidy in Nigeria, calling it a major positive development for the country.

In an interview with Channels TV on Friday, Musa praised the subsidy removal as a necessary move, noting it was made with the nation’s best interests in mind.

EDITOR’S PICKS

EKO HOT BLOG recalls that on May 29, 2023, President Tinubu announced the complete removal of the fuel subsidy, which led to a significant rise in petrol prices and a surge in inflation, affecting the cost of various commodities.

Dr. Mu’azu Rashid Shekoni Hospital

Tinubu

Senator Musa emphasized that this policy decision, though challenging, is ultimately beneficial. “We want to ensure our actions don’t negatively impact Nigerians,” he stated, adding, “Removing the subsidy is the best thing that has happened to this country.”

FURTHER READING 

He highlighted that subsidy removal has increased the funds available for the Federation Account Allocation Committee (FAAC), which provides financial support to state governments. However, he criticized some states for not effectively utilizing these funds to address key issues within their regions.

“If the revenue Nigeria generates, along with FAAC disbursements to states, is properly managed, many challenges could be addressed effectively,” he remarked.

Click here to watch our video of the week:




Advertise or Publish a Story on EkoHot Blog:

Kindly contact us at [email protected]. Breaking stories should be sent to the above email and substantiated with pictorial evidence.

Citizen journalists will receive a token as data incentive.

Call or Whatsapp: 0803 561 7233, 0703 414 5611




 

 


DISCLAIMER: Opinion articles are solely the responsibility of the author and does not necessarily reflect the views of the publishers Of  EKO HOT BLOG

For publication of your News Contents, articles, Videos or any other News Worthy Materials, please send to [email protected]

For Advert and other info, you can call 08035617233 or send a WhatsApp Message to 08035617233.

Please drop your comments

Copyright © Ekohotblog

MGID