ADC Presidential Candidate, Atiku Plans Return To Subsidy Will Push Petrol Price to N4,000 Per Litre — Dr Musa Illiyasu Kwankwaso
From Muhammad Kabir Kano
A Member of the APC Presidential Campaign Council, Dr Musa Illiyasu Kwankwaso, has cautioned Nigerians against yielding to deceit of Petroleum Subsidy Return by the ADC Presidential Candidate, Alhaji Atiku Abubakar, insisting that with his proposal Nigeria and it’s citizens would be plunge into devastating poverty and uncertainties.
Dr Musa Illiyasu Kwankwaso, who is also Director Finance Hadejia Jammaare River Basin, further warned that returning Nigeria to the former fuel subsidy regime could impose a heavy financial burden on the country.
He said, “as it is now President Tinubu has after the removal of the subsidy stabilize the economy and improved Foreign Savings which is the largest in recent years, while School Children are enjoying massive Federal Government supports”.
Kwankwaso, argued that restoring the subsidy could place additional pressure on government finances and affect spending on workers’ wages, education grants, healthcare, pensions and infrastructure.
He also warned that reversing the policy could bring back fuel queues and create fresh challenges for the government in meeting its financial obligations.
Dr Musa Illiyasu Kwankwaso, maintained that the subsidy debate should go beyond political arguments, urging Nigerians to consider how the government would finance such a policy without recreating the fiscal pressures associated with the previous arrangement.
Kwankwaso added that today with the Subsidy payments removal States are able to pay Salaries consistently and also prosecutes lots of Infrastructural Development projects across the Federation.
While at the same time, Federal Government is without any hiccups undertaking massive projects execution from Lagos to Calabar Coastal Roads, to Kano/Abuja high, to Kano/Maiduguri Highways.
He said, Nigerians should totally rejects anything Atiku Abubakar and his outdated policies and continue to believes and support President Tinubu administration.
