Tinubu Stopped Fuel Subsidy Without Considering The Consequences – Bugaje

A former member of the House of Representatives, Usman Bugaje, has criticized the incumbent government led by President Bola Ahmed Tinubu for the untold hardship in Nigeria following the removal of fuel subsidy.

According to him, Tinubu announced the removal of fuel subsidy without implementing measures to mitigate its effects.

Recall that during his inauguration on May 29, 2023, Tinubu declared an end to the era of fuel subsidy and also allowed the naira, the country’s currency, to float freely.

This decision resulted in a significant increase in the cost of living and a threefold rise in the price of fuel.

Bugaje argues that Tinubu’s government did not adequately prepare before implementing this policy.

“We had expected that when the new government took over, we were expecting that he would surround himself with expertise.

“We were expecting that for him to have announced the removal of the fuel subsidy, he must have had a plan – something that would address the consequences of that.

“You don’t make a policy without looking at the consequences and preparing to cushion the effect of that. But apparently, he did that without preparation,” Bugaje said during a live interview on Channels Television’s Politics Today.

See also  Nigerian Women Lament Financial Losses After CBEX Trading Platform Disappears

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Death Toll Rises to 20 in Benue as Police, Residents Recover Bodies

Farmer Killed, Two Others Injured in Bee Attack on Osun Farm

JAMB Reschedules 2025 UTME Start Date to April 24

No Plans To Have More Children With Chioma– Davido

Drama as Bauchi Deputy Governor Slaps Foreign Affairs Minister at Emir’s Palace

Fugitive ‘Killaboi’ Brought Back to Nigeria Over Murder of Student

Death Toll Rises to 20 in Benue as Police, Residents Recover Bodies

Farmer Killed, Two Others Injured in Bee Attack on Osun Farm

JAMB Reschedules 2025 UTME Start Date to April 24

No Plans To Have More Children With Chioma– Davido