Atiku's Bwala sends warning to president Tinubu
Daniel Bwala stresses the importance of cushioning effects and reinvestment plan
Daniel Bwala. [Twitter:@BwalaDaniel]
Recommended articles
![electricity [Credit: getty-images]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'100'%20height%3D'100'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "electricity [Credit: getty-images]")
Bwala acknowledged that the removal of fuel subsidy could be a significant step forward for the nation, but he also highlighted the potential negative consequences if proper measures are not taken.
Bwala emphasised that removing fuel subsidy without providing a cushioning effect would place a heavy burden on the Nigerian population. He expressed concerns about the potential exploitation of the situation by scammers and racketeers, emphasising the need for a well-defined and workable reinvestment plan.
Taking to Twitter, Bwala tweeted, "REMOVAL OF FUEL SUBSIDY is the greatest good our nation needs; but if the cushioning effect is not made available FIRST before the REMOVAL, it will place the masses under heavy and unbearable burden."
ADVERTISEMENT
Bwala's remarks came in response to the announcement made by the newly inaugurated President, Tinubu, about the end of the fuel subsidy regime. Following this declaration, the pump price of fuel has increased nationwide, resulting in concerns among the general public.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
BREAKING: Naira Marley in custody as Lagos police probe Mobhad’s death
Restoration of electricity promised for Ogun waterside communities
FG urged to establish ministry for informal workers
Anambra tells private sector to provide palliatives for workers
House of Reps launch investigation into pension fund crisis
New rule stops fresh Senators from contesting Senate president, deputy roles
President Tinubu sends 3 new ministerial nominees to Senate
24,720 GBV cases reported nationwide in 1 month - Minister of Women Affairs
Nigeria records 13,204 diphtheria cases in 19 states - NCDC
Pulse Sports
Liverpool fined ₦23m despite VAR scandal in Tottenham clash
'Like Ketchup' — Super Falcons star Michelle Alozie borrows Ronaldo's line after scoring brace
Super Eagles: Iwobi and Moffi return, Bashiru a new addition as Peseiro calls up 25 players for Saudi Arabia and Mozambique friendly games
You Sabi: Vardy hails Ndidi in Pidgin for Leicester Player of the Match award
Napoli vs Real Madrid: Fans fear for safety of Osimhen and other players as earthquake reportedly hit Naples
Ronaldo did not chase me out of Al Nassr — Vincent Aboubakar
ADVERTISEMENT
![Olubunmi Tunji-Ojo [PMNews]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'300'%20height%3D'172'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "Olubunmi Tunji-Ojo [PMNews]")