Bola Tinubu - Why I Withdrew My Support From Subsidy Removal

             
The vocal national leader of the ruling All progressives Congress, APC, Asiwaju Bola Ahmed Tinubu has once again lend his voice in support of the Federal Government's decision to end the subsidy regime when it announced few days ago that the Premium Motor Spirit, PMS, popularly known as petrol would hence be sold at N145 against the initial pump price of N87/per in the new deregulated price regime. 

Tinubu via his personal confirmed twitter handle, @AsiwajuTinubu confirmed that
though he was truly a proponent of subsidy regime, but current reality has made him redecided against it. The APC henchman in several tweets minutes ago opined that Instead, it is better to end the subsidy and use the funds to establish well-targeted anti-poverty programs that actually assist the people. 

Tinubu said; "For some time, I have been a proponent of this action. I believed ending of subsidy was the only sure way to put to sleep the myriad demons that had invaded the subsidy process, sucking the blood of Nigeria, swallowing much of our needed money" 

"I am hopeful but also realistic about this measure. I am also mindful of D situation of our people.This change will mean higher fuel costs I would be lying if I said this will cause no pain or dislocation."

" However, the day, hours of waiting for fuel will be a thing of the past. Thus, I ask everyone to take a step back to coolly and objectively assess what has been decided." 

"We must not make the mistake of allowing our political and sympathetic attachment to the subsidy blind us to the hard fact that the purpose and benefits of the subsidy had long ago been taken from the common man to reside in the purse of an elite few."

'We cannot persist in this imbalance Instead, it is better to end the subsidy and use the funds to establish well-targeted anti-poverty programs that actually assist the people"