APC Chieftain Claims That Incoming Government Will Remove Subsidy.

Adamu Garba, an All Progressives Congress (APC) Chieftain announced that the incoming government will remove subsidy.

On Monday, the former Deputy Director, Media, APC Independent Campaign Council appeared as a guest on Channels Television’s Sunrise Daily.

“It is a position that the next administration will eliminate subsidies.” It was made quite obvious in the incoming president’s statement. “He [Bola Tinubu] has made it clear in numerous places that he intends to eliminate subsidies,” he stated.

The former senator stated that if the fuel subsidy is removed, the Dangote Refinery will take its place.

“Due to the excessive use of forex, the subsidy became a problem for Nigeria.” And the fact that we are removing the subsidy while still using naira to interact internally with Dangote Refinery, I believe it would be a seamless sell,” he said.

“The government is not the easiest partner to work with when it comes to running private businesses, and I believe the government took the best approach by privatizing NNPC and then investing in the Dangote refinery and bringing it into the mainstream.”

“We can’t expect a plant to start up right away and then produce at full capacity for 650,000 barrels.” But, once again, we have begun something unprecedented in Nigerian history.

“We even have our own local refinery that refuses to operate simply because the international market is constantly working to ensure that we do not operate our refinery.”

“Now that the market is free, there is an enabling law that would drive this free-market system.”






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