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BMO Seek Nigerians’ Support, Understanding for Subsidy Removal

Tunde Abiola by Tunde Abiola
September 7, 2020 - Updated on September 8, 2020
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The Buhari Media Organisation (BMO ) has urged Nigerians to support the President Muhammadu Buhari administration on the petroleum subsidy removal which has increased the price of fuel from N148 to N162 per litre.

In a statement issued in Abuja by the group’s chairman Niyi Akinsiju and Secretary Cassidy Madueke, the group lauded the decision of the Buhari administration to remove the subsidy which had over the years remained a cesspool of corruption and a means of enriching few individuals to the detriment of most Nigerians.

BMO noted that the failure of past administrations to take the bold step was due to lack of political will as it became a source of political patronage with the attendant drain on the country’s meagre resources.

“Now with the removal of the subsidy, much of the resources will be saved for the infrastructural development of the country. This will be made possible as the Buhari administration is famous for being transparent and disciplined in the management of public funds.

“We believe that this is what makes all the difference from the past administrations”.

The group, therefore, appealed to Nigerians to show understanding as their pain over the removal will be short-lived, as the Buhari administration is focussed on changing the Nigerian landscape with infrastructures such as railways, roads, bridges, housing and other indices of socio-economic development.

BMO also appealed to the other tiers of government like States and Local Governments to contribute their quota in the efforts to bring development to all the nooks and crannies of the country, stressing that the federal government cannot carry the burden alone.

“We wonder why some civil society groups and the Nigerian Labour Congress (NLC) are opposing the move considering the inherent benefits that will accrue from its diligent implementation. We urge them to sheathe their sword and lend their support to the government’s effort to reposition the country.

Tags: BMOOil Subsidy
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