The
national leader of All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu,
has pleaded with Nigerians to take the difficulties arising from the recent
hike in petrol pump price to see it as a passing phase, ITRealms reports.
A press
statement made available to ITRealms that the two-term governor of Lagos state,
applauded President Muhammadu Buhari for taking “a bold step” asserting that “this
pain is necessary.”
He also
was quoted as saying the new development will clear the rot in the petroleum
sector, and push out “fake businessmen who became true billionaires overnight.”
“We all
want fuel at a cheaper price under the subsidy, we got the right price but not
the fuel, I would be lying if I said this will cause no pain or dislocation.
However, it will stabilise supply and end the costs associated with long waits
and delays for fuel,” he said.
According
to him, the days and hours of waiting for fuel will be a thing of the past as
originally envisioned, subsidy formed a basic part of the social contract
between the people and their government.
“It was a
benefit all were to enjoy. Yet, because past governments were not for and of
the people, the true meaning and objective of the subsidy policy became lost.
Over the years, the operation of the measure was distorted to where it no
longer functioned for the benefit of the masses but for the undue enrichment of
a small club of businessmen, some legitimate in their work, some not,” Tinubu
said.
Okoli
Vincent with additional report from Vanguard/GEE
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Pix: Tinubu
