Categories: News

Effect Of Subsidy Removal Manifesting Positively – Tinubu’s Aide

Senior Special Assistant to the President on Community Engagement, North West Zone, Abdullahi Tanko Yakasai, has said the effect of fuel subsidy is gradually manifesting positively to the advantage of Nigerians.

Yakasai made this known while flagging off the distribution of rice palliative to residents of Nassarawa Local Government Area of Kano State.

Advertisement

He said, “The hardship, yes, is caused by the removal of the fuel subsidy and the floating of the Naira, but these are programs that Mr President took a bold step because since the inception of this democracy from 1999 to date, we have been giving out this subsidy and it’s only going to the few.

“So Mr President took this bold step because we need to save more funds as we are doing now so that we can do other things, other developmental projects like infrastructure, like in agriculture, health and other critical sectors of the society. So we were so surprised that within all these years, none of this refinery has come on board. But within this administration of His Excellency President Bola Ahmed Tinubu, we’ve seen Port Harcourt Refinery come on board.

Advertisement

“For years our refineries were down and they have started working today which means they refused to repair the refineries. How much is the price for petrol now? It is dropping down by the day.

“This is a remarkable feat and it’s making its production at 60 percent capacity. Just two weeks ago, the GMD of NNPC, Mele Kyari, also came out to say that the Warri Refinery is running and he has taken media houses, he has taken you people there, he has taken well-meaning Nigerians there to go and verify. So these are all things to tell you that His Excellency President Asiwaju Bola Ahmed Tinubu is so determined to make sure he turns around the fortune of this country.”

Advertisement

He added that the government is ever determined to support those at the lower cadre of the society, the vulnerable, hence the distribution of rice to people at the grassroots, especially party members and women.

“This is just a local government and as we have 44 local governments in Kano, this is just the flag of we’ll go around all the 44 local governments and distribute this rice so that people will have it as palliative. We’re not saying it will go around everyone, but the little that we can do, we’ll do to alleviate the suffering of the people.
“We are giving 200 bags of rice for each local government, that is for the 44 local governments, we intend to give 4,400 bags of rice.”

Advertisement
citynews

Recent Posts

Petrol price may rise as crude hits $81 per barrel

The prices of premium motor spirit and other petroleum refined products may rise in the…

2 hours ago

LIRS Sets January 31 Deadline for Annual Tax Returns Filing by Employers

    The Lagos State Internal Revenue Service (LIRS) has issued a reminder to all…

19 hours ago

Investigative journalist Fisayo Soyombo, Nigeria Customs Boss And Us

    Fikayo Soyombo, founder of the Foundation for Investigative Journalism (FIJ), took on the…

23 hours ago

Ibadan Stampede: How Organizers Could Have Avoided Children’s Death – Governor Makinde

Oyo State Governor, Seyi Makinde, has expressed deep sorrow over the tragic stampede that claimed the…

1 day ago

Edun: Tinubu’s Reforms Save Nigeria ₦‎930 Billion, Drive Economic Recovery

The economic reforms of the Tinubu administration, including the market-based pricing of premium motor spirit…

1 day ago

Imo Governor, Uzodinma Appeals To Unknown Gunmen To Lay Down Arms

The Governor of Imo State, Hope Uzodinma has appealed to unknown gunmen still hiding in…

1 day ago