Subsidy Removal: Our Pains Are Temporary – FG

The Federal Government has reassured that the pains being experienced by Nigerians over...

The Federal Government has reassured that the pains being experienced by Nigerians over the recent removal of fuel subsidy will be temporary.

The Minister of Information and National Orientation, Alhaji Mohammed Idris gave the assurance in an interview with the News Agency of Nigeria in Abuja.

He explained that it was obvious that the ultimate benefits of the removal of the subsidy would be reaped by the common man.

Idris said it was regrettable that only few people were, hitherto, benefitting from subsidy regime, adding that the few were enjoying the common wealth of the entire country at the expense of the majority.

“So, President Bola Tinubu said, he would not be part of that. He stands with the majority of Nigerians.

“Although, the removal will be painful at the beginning,  but it will be better for all of us at the end,” he said.

The minister explained: “Fuel subsidy removal is like the pregnant woman due for delivery and in labour; when she is in labour pains, she will feel and prefer she never had the opportunity to bear a child.

“However, after the child is delivered, then the woman will hold her baby, smile and becomes the happiest woman in the world.

“I think, that analogy can be applied to this issue of fuel subsidy removal.

“So, the pains will be temporary,  but at the end, we will be better for it; that is what President Bola Tinubu believes in, and that is what he is preaching”.

The Minister recalled that, within the first few months of Tinubu’s administration, he allocated funds to the 36 states and the Federal Capital Territory for palliatives to cushion the effect of subsidy removal

“This is because Tinubu believes that the state governors are people who know their terrains very well.

“He also made available assorted grains and fertilisers to help cushion the immediate concerns of Nigerians about the removal of fuel subsidy.

“I can assure you that in the long run,  Nigeria will be better for it,” Idris said.

TLD Newsletter

Get the latest legal news, key cases, top lawyers, and expert analysis for your legal journey.

RELATED ARTICLES

Nigeria’s Economy In Shock – Edun

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that Nigeria’s

FG Declares Friday, Monday Public Holidays For Easter

The Federal Government has declared Friday, April 3, and Monday, April 6, as public holidays

Foreign Affairs Minister Tuggar Resigns

The Minister of Foreign Affairs, Yusuf Tuggar, has resigned. Tuggar’s resignation was confirmed by the

Financial Regulators Must Work Together to Tackle Cross-Border Risks In Africa — Cardoso

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has urged African

FGN Launches National Single Window To Cut Trade Costs, Boost Growth

The Federal Government has launched Nigeria’s National Single Window in Lagos, a flagship reform to

Nigeria Ready To Boost Global Oil Supply Amid Middle East Tensions — Minister

Nigeria’s Minister of Information, Mohammed Idris, has said Nigeria is prepared to support global energy

TLD Newsletter

Get the latest legal news, key cases, top lawyers, and expert analysis for your legal journey.

TLD Newsletter

Get the latest legal news, key cases, top lawyers, and expert analysis for your legal journey.