Why Past Governments Failed to Remove Fuel Subsidy ― Presidency

0 155

The Presidency has said that despite the fact that subsidy removal has long been acknowledged as the right thing to do, previous administrations for lack of courage failed to take the bold step to end fuel subsidy in Nigeria.

Defending President Buhari over the removal of fuel subsidy, the Senior Special Assistant to the President (Media & Publicity), Garba Shehu, in a statement said that Buhari was taking both popular and unpopular decisions as a leader because he has the courage to do so as the circumstances dictate.

The statement noted that subsidy removal had long been seen as a game-changer by successive administrations but the courage to implement the reforms was lacking.

It further stated that against the expectations of critics, history will be kind to Buhari for eliminating the evil of corruption embedded in subsidies.

On the timing of the subsidy removal, it argued that though Nigerians are faced with multiple challenges stirred up by COVID-19 pandemic, poor global oil price, among others, a good government must make decisions for the people’s good.

“The All Progressives Congress, APC came to power in 2015 defeating an incumbent administration amidst very high expectations from President Muhammadu Buhari.

“Five years on, the administration has worked hard to meet many expectations, but still, there are certain tough decisions which had to be taken to put back the country on the path of sustainable development.

“To stop the mismanagement of taxpayer money, eliminate corruption associated with subsidies on petroleum products, power, fertilizer among others, the administration took the decision to implement long-delayed reforms, withdraw and allow the market to determine their prices.

“Subsidy removal in these sectors had long been foreseen by successive administrations as game changers in search of solutions to move forward with the nation’s development. These are reforms that are necessary and overdue.

“Blueprint upon blueprint, timeline upon timeline had come and gone but the courage to take bold decisions was not there.

“Over the last few days, one claim acquiring a potent resonance with the online community, sections of the labour movement and the opposition are that the actions are ill-timed and ill-advised.

“There is nothing new in the fact that the country is today fighting multiple challenges along with COVID-19, including low earnings, near-collapse of the oil market, floods, threats of terrorism and banditry but the challenges notwithstanding, a good government must make decisions for the people’s good.

“As President Muhammadu Buhari takes these difficult decisions, both popular and unpopular and as a leader because he is demonstrating the right courage to take such decisions as they become necessary in view of present circumstances.

“History will be kind to President Buhari because, in addition to his amazing ability to command votes, he will be remembered as the President who made real contributions to economic and overall national development by eliminating the evils of corruption embedded in subsidies.

“In any democracy, the most important certificate in governance is acceptance by the people and, with the support of ordinary Nigerians, President Buhari has shown a rare determination to carry out the bold initiatives as these ones driven by nothing other than the greatest good for the greatest number of people.

“In carrying out the reforms, the President needs the support and understanding of all citizens-inclusive of the opposition parties, the labour movement and civil society groups.

“In these challenging times, the President is pushing development goals, not politics and history will judge him in favourable terms rather than his critics in the new media and the opposition.”

By Peace Obi


Get more news like this directly in your inbox

Leave A Reply

Your email address will not be published.

Enable Notifications    Ok No thanks