FG Flaunts Gains Of Fuel Subsidy Removal As Information Minister Says “States Now Receive More Funds”

By Ayodele Oni

The Minister of Information and National Orientation, Alhaji Mohammed Idris, has revealed that state governments now receive almost amount which doubles their monthly allocation following removal of fuel subsidy by the federal government.

According to him, the erstwhile fuel subsidy was a monster which has deprived Nigerians of  myriad of social amenities.

Idris spoke on Saturday in Kaduna at a reception organized in his honour by the Kaduna State Chapter of the Nigerian Institute of Public Relations (NIPR).

He recalled that President Bola Tinubu, who took over the leadership of the country less than a year ago has recorded giant strides.

These included the removal of the fuel subsidy, which according to him, took virtually everything Nigerians were supposed to have.

Idris pointed out that the fuel subsidy took away the resources to build roads, hospitals, lay a good foundation for the educational advancement of Nigerians, among other social amenities.

He explained that with the removal of the fuel subsidy, a lot of resources were freed and put back into the system.

The minister added that the Federal Government and its sub-nationals now have more money for the needs and betterment of Nigerians.

“If we are looking for one reason why fuel subsidy has to go, is that we were consuming nearly two billion liters of premium motor spirit, when the fuel subsidy was removed, it dropped down to about 50 per cent.

“What that meant was that over a billion liters of fuel we are consuming in the country suddenly dropped.

”All those opposing the fuel subsidy removal are supposed to ask the question of where the about 1 billion liters of consumption that is cut down is going to.

“The resources that were freed are being brought back, there is no Governor that is not getting twice or more of the allocation available to their state government to engage in more productive ventures.”

He, however, said that the shocks as a result of the fuel subsidy removal were inevitable, but the action was not intended to suffer Nigerians but for their long term benefits.

The Minister emphasized that every successive government in Nigeria had hoped it would remove fuel subsidies.

Idris said, ”But only the President Tinubu’s led administration had the courage to do so alongside many other steps towards the betterment of the country.”

He added that the shocks, resulting from the fuel subsidy removal were cushioned by the implementation of wage award and the provision of Compressed Natural Gas (CNG) buses for subsidized transportation.

Idris, however, stated that the CNG buses, which were not yet found everywhere in the country, has made the Federal Government set aside over N100 billion in the first instance to ensure their availability across Nigeria.

The Minister assured Nigerians of the Federal Government’s commitment to implement the outcome of the decision that would be brought out by the committee that inaugurated a new wage regime in the country.