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Saturday, December 19, 2015

Remove Subsidy And Stimulate Infrastructure, Tinubu Tells Buhari

KADUNA – Former governor of Lagos state, now National leader of All Progressives Congress, APC, Asiwaju Bola Ahmed Tinubu has asked for the immediate removal fuel subsidy.

Tinubu who made the demand while speaking yesterday in Kaduna at the 10th memorial anniversary of late Dr. Bala Usman, a politician, and former lecturer with Ahmadu Bello University, (ABU, Zaria, Tinubu said that fuel subsidy came with “many demons”


Tinubu said, “In a perfect world, I wish we could sanitize the subsidy regime and thus continue with it.

“However, I have reached the conclusion that there are too many demons in the system for that hell to be turned into heaven.

“It is better that we remove it, not for the austere purpose of saving money but to use the money more wisely that we might better save the people. Let us begin a process of a thoughtful, but decisive subsidy phase-out.

“While this is occurring, we should simultaneously phase in social programs benefiting the poorest, most vulnerable among us.

“Programs such as transportation subsidies, school feeding, improved basic medical care and coverage for the poor, and potable water projects are some of the things that can be done with the same funds.

“This way we can undertake this massive expenditure confident that the fruits will go to the hungry, not the already too well fed.

“End the fuel subsidy. Subsidize the people instead – Subsidize the people instead!”.

vanguard

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