I will withdraw the fuel subsidy or there will be protests in Nigeria - Tinubu The APC presidential candidate in the 2023 election, Bola A...
I will withdraw the fuel subsidy or there will be protests in Nigeria - Tinubu
The APC presidential candidate in the 2023 election, Bola Ahmed Tinubu, has vowed to withdraw fuel subsidies once he becomes president.
Tinubu said this on Thursday night while holding a meeting with some businessmen in the country.
"The fuel law is here and we will review it for the second time to discharge our responsibility and any protest that will be made, we will remove fuel subsidy," said Tinubu.
He added: "We will take strict measures, this is the real issue. Therefore, we must remove the fuel subsidy."
He said that he will not continue to subsidize fuel because neighboring countries such as Cameroon, the Republic of Niger, the Republic of Benin are benefiting from this.
Tinubu added that he will put the money that is paid for fuel subsidies in areas that need it such as health.
He also said that he will remove the list of taxes that the authorities are collecting and that he will make one tax be collected on the transactions that involve the payment of taxes.
Data shows that the Nigerian government has paid N1.9 from January to July 2022 alone, a situation some say is unsustainable.
Atiku Abubakar, the presidential candidate of the PDP, has long vowed to withdraw oil subsidies if he becomes president. He said that the subsidy does not benefit the poor.
In the past, the citizens held a series of protests as a result of the government's decision to withdraw fuel subsidies.
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