On the position of the government on the issue of fuel subsidy removal and other measures being put in place to cushion effect of the removal, the minister said the government was working on the rehabilitation of all the refineries in the country and to ensure that they are working by the end of the year (2022).
“The suspension of the subsidy followed President Buhari’s insistence that all the necessary structures must be put in place to cushion the effect of the removal. The structures as pointed out by the President are not in place yet”
The aftermath of the EndSARS crisis may have contributed to the breakdown of law and order. This must not however be allowed to fester for too long as it will become injurious to the economy because of the reduction in the foreign direct investment flow into the state.