VANGUARD
The Chairman APC USA, Prof. Tai Balofin on Sunday in Abuja said Nigerians should trust President Bola Tinubu to work out palliatives to cushion the effect of fuel subsidy removal.
He said this while speaking with Newsmen adding that the challenges that came with the development would soon be over.
He, therefore, appealed to Nigerians to be patient with Tinubu’s administration on the removal of fuel subsidy, adding that it was all in the country’s interest.
NAN reports that President Tinubu on May 29 while delivering his inaugural speech, said the Federal Government could no longer sustain fuel subsidy.
By the removal of fuel subsidy, petroleum pump price is now fixed at N540 per litre as against N195, a development the Nigeria Labour Congress (NLC) said it was opposing.
The NLC had said it would embark on a nationwide strike on Wednesday to force government to reverse its decision.
The congress cautioned that it would not go back on its decision to down tools if government and the Nigerian National Petroleum Company (NNPC) Limited failed to reverse the increase of the price of petrol to its earlier price.
“I just want to plead with all Nigerians to be patient and have an understanding of the situation,” Bolofin said.
The APC USA chairman, while appealing to Nigerians to be patient with government, said though they resided abroad, they felt the pains of Nigerians.
He added that Nigerians in the Diaspora could perfectly relate to the pains Nigerians were passing through back home.
He expressed confidence that the Federal Government under Tinubu was working a way round the situation.
“I trust that the president will put some measures in place to cushion the effect of the subsidy removal so it does not go overboard,” he said.
Balofin, however, explained that in other countries, especially in the United States, the cost of fuel ranges from $3.40 to $3.50 per gallon when compared to what we buy in Nigeria.
“Again, the important thing is that if there is fuel, even if it is expensive, it is going to balance the equilibrium as soon as possible.
