Former Senate leader backs withdrawal of fuel subsidy

Tunde Akanbi, Ilorin

A former Senate Leader in the seventh National Assembly, Senator Victor Ndoma Egba says the withdrawal of subsidy from Premium Motor Spirit is long overdue.

Senator Ndoma Egba stated this while answering questions from Journalists in Ilorin, the Kwara State capital.

The Former Senate Leader noted that subsidizing Petrol is fraud and affecting the growth of Nigeria, but said that the period the subsidy was removed was ill timed.

Senator Ndoma Egba stressed the need for government to put palliative measures in place to cushion the untold hardship that the subsidy removal would cause.

He appealed to the President Muhammadu Buhari led government to take the welfare of Nigerians paramount and embark on programmes that would alleviate the sufferings in the country.

Senator Ndoma Egba also called on Nigerians to support the decision of the government on subsidy removal, saying that the price of Petrol would soon drop when there is competition in the market.

But in a separate interview with VON, Doctor Issa AbdulRaheem of the Department of Business and Entrepreneurship, Kwara State University, and Doctor Abdulfatai Aremu of the Department of Political Science, University of Ilorin, kicked against the removal of the subsidy particularly at this period that Nigerians are facing hard times.

Doctor AbdulRaheem who said the decision was ill timed at this period of inflation, noted that increase in petrol price would further aggravate the problem of Nigerians and affect the standard of living drastically.

The Don cautioned against the implementation of policies that would bring hardship to the people and urged government to be sensitive to the plight of Nigerians.

On his part, Doctor Abdulfatai Aremu asked the government to provide enough evidence that the commodity would be surplus in the country and all challenges facing the people would be solved.

Doctor Aremu also stressed the need for the Nigerian government to inject some palliative measures to cushioning the untold hardship brought by the increment.

Confidence O.