President Tinubu Means Well With The Decision To Remove Fuel Subsidy – Olatunbosun Oyintiloye

Former member of Osun State House of Assembly, Olatunbosun Oyintiloye has come out to speak on the expectations of Nigerians from the governors regarding the management of post-subsidy removal economy.

He recently had his say while speaking to the press, and Nigerians have been reacting.

According to him, he believes the intention of President Bola Tinubu with the removal of fuel subsidy and merger of foreign exchange rates is good, even if the introduction of these reforms has indeed led to an increase in economic hardship and inflation.

He added that the onus now falls on state governors to alleviate the sufferings of the citizens in their various domains.

His words, “With utmost sense of humility and dignity to Nigerians who are struggling with various issues in the wake of the economic downturn that emanated from the introduction of two major reforms by this present administration; that is the removal of fuel subsidy and merger of foreign exchange rates, the intention of President Bola Tinubu is good.

The introduction of these reforms has indeed led to an increase in economic hardship, galloping inflation, and depreciation of naira, which have reduced the purchasing power of Nigerians. The President, who is quite aware of the economic hardship, has taken all responsibilities by rolling out different intervention measures through the state governors.

The question now is what are the state governors doing to alleviate the sufferings of the citizens in their various domains? It calls for concerns, that despite the massive increase in the revenue from the federal allocation available to the various levels of government after the removal of fuel subsidy, state governors appear not to be doing enough to ease the suffering of the people.”