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Home Politics

Fuel subsidy has to go as it favours the rich more than the poor — Tinubu

BizPoint by BizPoint
January 2, 2023
in Politics
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Fuel subsidy has to go as it favours the rich more than the poor — Tinubu
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The All Progressives Congress (APC) presidential candidate, Bola Ahmad Tinubu, has said that if he wins election this year, he will completely remove fuel subsidy.

Tinubu, who spoke in an exclusive interview with Kano-based radio station, Freedom Radio, while on lesser Hajj in Saudi Arabia on Sunday, said the subsidy regime is abused and “it favours the rich more than the poor.”

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The former Lagos State governor also described fuel subsidy as a wastage, vowing to re-channel the money to the people who truly need it.

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According to him, all presidential candidates for this year’s election have agreed to remove subsidy if they win the election, lamenting that his opponents had resorted to peddling fake news on his statement on the fuel subsidy.

“Our campaign is so far, so good. We are reaching each and every Nigerian. We decided that rallies are not always enough. We need to engage all Nigerians from all parts of the country and across all sectors of our socio-economic life.

READ ALSO:Sanitation: Kano govt condemns dumping of refuse on yet-to-be commissioned flyover

“We have engaged businessmen, farmers, miners, industrialists, entertainers, labour leaders, and so on.

“By the engagements we are having it is clear that we are going to win this election. As the elections are coming closer the signs are clear and that is why our opponents are jittery. They have now resorted to peddling fake news and quoting some of my statements out of context just to score cheap points.

“Recently I was asked about fuel subsidy removal, and I said I will ensure we end the wastage and re-channel the money to the people who truly need it. This is one position that almost all the candidates are united about. We all agreed that the subsidy regime is abused and it favours the rich more than the poor. It has to go,” said Tinubu.

Tinubu said he is in Saudi Arabia to perform lesser Hajj for spiritual intervention to Nigeria and himself.

“Yes, i am here in Saudi Arabia. It is a personal trip. It is a trip for spiritual rebirth. I like coming to perform the Umrah every now and then. It is an opportunity to connect with Almighty Allah. We need his guidance. Nigeria is in need of prayers and that is why we are here praying for our country, self and the society,” he said.

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