Nigerians will soon be relieved from burden occasioned by subsidy withdrawal as President Bola Tinubu directed the National Economic Council to kickstart the process of working on interventions to ameliorate impact on the people.

His directive to the Economic Council led by Vice President Kashim Shettima became imperative as the subsidy withdrawal has caused a hike in transport fares, food items and other commodities.

The President’s directive came on a day governors of the thirty-six states of the federation threw their weights behind the removal of petrol subsidy.

This is even as major oil marketers donated one hundred mass transit buses worth ten billion naira to the federal government to cushion the effect of subsidy removal.

Governor Dapo Abiodun of Ogun State, stated this after leading some major oil marketers on a courtesy call on President Tinubu at the Presidential Villa, Abuja.
Briefing State House correspondents after the courtesy visit, the governor said the marketers were in the presidential villa to express solidarity with the president for his bold decision to end subsidy payment.
Abiodun noted that Tinubu’s action showed his determination and courage to remove the hermorrhage that had bedeviled the country for decades.
He said the country was spending about N4 trillion annually on subsidies, which should, henceforth, be taken to the Federation Account Allocation Committee, FAAC, for sharing among three tiers of government.
The governor said while there would be some discomfort on the part of the people, the move would eventually pay off as there could be no gains without pain.
