President Bola Ahmed Tinubu has directed the National Economic Council (NEC) led by Vice President Kashim Shettima to kickstart the process of working on interventions to ameliorate the impact of subsidy removal on the people.
Governor of Ogun State, Dapo Abiodun, made the disclosure after leading some major oil marketers on a courtesy call on the president at the Villa on Wednesday.
According to him, the marketers were in the presidential villa to express solidarity with the president for his bold decision to end subsidy payment.
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Tinubu’s action, he said, shows his determination and courage to remove the hemorrhage that had bedeviled the country for decades.
Abiodun admitted that while there would be some discomfort on the part of the people, but the move would eventually pay off noting that there can be no gains without pain.
The marketers announced their intention to donate 50 to 100 50-seater mass transit (at the cost of about N10 billion) CNG (Compressed Natural Gas) buses as a way to support the initiative to succeed, calling on other well-meaning corporate bodies can do the same.
Details later…
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