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Fuel subsidy: Not a good start – Northern elders tell Tinubu

The Northern Elders Forum, NEF, has faulted President Bola Tinubu’s decision to remove fuel subsidy. NEF’s spokesman, Hakeem Baba-Ahmed, said […]

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The Northern Elders Forum, NEF, has faulted President Bola Tinubu’s decision to remove fuel subsidy.

NEF’s spokesman, Hakeem Baba-Ahmed, said Tinubu’s decision does not give his administration a good start.

During his inauguration on Monday, Tinubu announced an end to the fuel subsidy regime.

The president had said money meant for fuel subsidy would be diverted to other infrastructural developments across the country.

However, Baba-Ahmed lamented the skyrocketing price of fuel following Tinubu’s declaration.

Tweeting, Baba-Ahmed wrote: “Booby-trapped, or just plain lack of experience, the skyrocketing rise in prices of petrol following President Tinubu’s comment on the absence of budgetary provision for fuel subsidy does not give the new administration a good start.Getting out will be tougher than staying put.”

Ifunanya

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