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Fuel subsidy removal, a bold step taken by President – Clark

…Urges Tinubu to prioritise palliatives


Elder statesman and South-South Leader, Chief Edwin Clark, has commended President Bola Tinubu for taking a very bold step in removing fuel subsidy.


Clark gave the kudos in an interview with the News Agency of Nigeria (NAN) in Abuja on Thursday.

He however, urged the President to prioritise the provision of palliatives to mitigate challenges that have arisen from the removal.

“They have done the right thing. After all, all the candidates before the 2023 general election had advocated and promised to remove fuel subsidy.

“Everybody regarded it as a scam; it does not exist. Where are these faceless people, we are paying the oil subsidy to, how has it benefited the ordinary man in Nigeria?

“Remember in January 2012, the Jonathan-led administration attempted to remove it, but the very people and leaders who opposed it at that time have now turned round to say yes it must go.

“Some people believe that since Tinubu was talking about subsidy removal during his campaign and also in his manifesto, he should have strategized how to provide the palliative to cushion the effect,” he said.

Clark explained that government workers understood that fuel subsidy had never been in their favour, adding that spending trillions of naira on fuel subsidy is unacceptable.

According to him, if the money is spent on the country’s transportation, education and health sectors, life will be much better: “we will have a better Nigeria.

“Now that a committee has been set up, where all parties will be involved, they should work it out.”

NAN reports that Tinubu had, during his inaugural speech on May 29, announced the removal of fuel subsidy which pushed the pump price of fuel from N194 to over N500 with variations in states.

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