Interface Newshub

Fuel Subsidy: The Time to Remove Subsidy is Now – Clem Agba

The Honourable Minister of State, Budget and National Planning, Prince Clem Agba, has emphasized the need for citizens to be specific on what they really want as related to fuel subsidy removal in the country.

Speaking at a Public Consultative Forum, on the 2023-2025 Medium-Term Fiscal Framework which held in Abuja on Thursday, July 21, 2022, The Minister maintained that Nigerians really need to decide and prepare for the future, because if citizens must have a future, then Subsidy needs to go.

According to him: “The better day to remove the subsidy is yesterday, it’s like requesting for omelet and the government brings eggs to prepare it, then the citizens say do not break the eggs.”

“Unfortunately all those who agree with us in-house that we should remove the subsidy like the Labour Unions, NLC, political parties, TLC, when they come out to the public they will say don’t remove the subsidy but behind the scene, they see the books, they understand that it has to be done. But maybe out of the lack of patriotism or in order to promote themselves or their parties, they say it’s the government that wants to punish the people.” He added.

Speaking on Infrastructure, Agba noted that the government with its limited resources will continue to focus a lot of energy in bringing in infrastructure into the country.

He pointed out noticeable projects done by the Federal Government, such as the completion of the second longest bridge in the country, connecting the north east to the south east across river benue, which is awaiting commissioning by the President among other infrastructural developments in the country.

Also speaking at the event, the Honorable Minister of Finance, Budget and National Planning, Dr. Zainab Ahmed, said the Federal Government will make provision for subsidy in 2023 to the tune of N6.72 trillion.

Also, the Finance Minister explained that the transition of the NNPC to a limited liability company means that the company will no longer make contributions to the federation’s account but will make payments on only taxes and royalties as well as continue with the task of paying for fuel subsidies just as it has been the case in the past eight months.

Related posts

Russian Invasion: 2000 Civilians dead

Dayo Omoogun

Minister Receives High Level Delegation From Global OGP

Blessing Etim

TCN’s Promise Kept at Huge Risk, As Power is Restored to Maiduguri, Environs

Dayo Omoogun

Leave a Comment