Subsidy: Tinubu’s efforts to sanitise oil sector commendable, says C’River gov
The Cross River Governor, Bassey Otu has commended the efforts of President Bola Ahmed Tinubu in sanitising the oil sector in the country since he assumed office.
Otu, while speaking in his office in Calabar, stated that Tinubu saw the need to sanitize the oil sector and deemed it necessary to remove fuel subsidy, adding that Nigerians will see the long-term benefits of the action taken by the President.
Otu, who claimed that he had begun a campaign for the removal of fuel subsidy in 2003 because seeing as it created many briefcase millionaires, who do not work for anything but sit in the comfort of their homes to become millionaires, said Cross River has to synergize so that whatever palliatives are put in place will be such that will mitigate and ameliorate the sufferings of the people.
He said, “I know that each state has its own peculiarity that is why we need to synergize so that whatever palliatives that will come, we too will benefit.”
“I know that some states have proposed salary increments which I am not against but my problem is the value such increments will have in the economy considering the fact that goods and services have already skyrocketed because of the fuel hike occasioned by subsidy removal.
“So, we need to properly work out a system that will be beneficial to all the citizenry, not only the civil servants because everyone bears this brunt.”
“We have to endure this pain for us to correct the error as well as build a sustainable economy for posterity,” the governor added.
