Economy

APC Lawmaker Says Reps Will Investigate Tinubu Over Trillions Of Naira From Fuel Subsidy Removal

A member of the House of Representatives, Hon. Yusuf Gagdi, has vowed to ask President Bola Tinubu, what he did with the trillions of naira saved from the removal of fuel subsidy.

The lawmaker and chieftain of the ruling All Progressives Congress (APC), who chairs the House Committee on Navy, said that he supported the removal of fuel subsidy but it would not prevent him from holding the government accountable for how the money was spent.

In an interview with BBC Hausa Gagdi said, “I am one of many Nigerians who support the removal of fuel subsidy because I believe it is a form of theft. I swear that the subsidy is not doing any good for poor people of Nigeria.

“In the committee that I chair in the House of Representatives, I have learned a great deal about fuel subsidy. I know who is really benefiting from this subsidy, and it is not the Nigerian people. It is a small number of elites who are using the subsidy to amass wealth for themselves.

“Despite my support for subsidy removal, there will come a time when I will ask Asiwaju (Bola Tinubu), on behalf of the Nigerian people, about the savings from the removal of subsidy. We have been signing for these savings since the Buhari administration, and they have totaled 1, 6, and 10 trillion naira. What will the Nigerian people see physically done with these monies?

Sponsored

“I swear that there will come a time when we will hold the Nigerian government accountable for its actions. We will ask them what they did with these monies.

“If fuel subsidy is removed, the poor should see the results in the form of renovated roads, new schools, new hospitals, and the establishment of new companies. This will create jobs for Nigerians so that they will not have to rely on the government for handouts.”

SPONSORED
Alex Enemanna

A print journalist with vast knowledge of political developments in Nigeria. Passionate about equity and fairness through robust developmental journalism.

Recent Posts

After 25 Years, Democracy Yet To Meet Citizen’s Expectations — Bugaje

An Islamic scholar and political activist, Dr. Usman Bugaje, has highlighted the inability of the…

3 hours ago

Tinubu’s 2025 Budget Full Of Unrealistic Expectations, Says SDP’s Adebayo

The presidential candidate of the Social Democratic Party (SDP) in the 2023 general elections, Prince…

5 hours ago

VP Shettima Saddened Over Stampedes That Killed Dozens Of People, Says It’s National Tragedy

Vice President Kashim Shettima has mourned the victims of the recent tragic stampedes that claimed…

5 hours ago

Yuletide: NACA Urges Nigerians To prioritize Their Health, Know Their HIV Status

The National Agency for the Control of AIDS has advised Nigerians to prioritize their health…

7 hours ago

NNPCL Reduces Petrol Ex-Depot Price, Sparks Optimism For Economic Relief

The Nigerian National Petroleum Company Limited (NNPCL) has announced a reduction in the ex-depot price…

7 hours ago

NDLEA Detains Smuggler, Ex-convict, Confiscates Over A Million Opioid Pills [PHOTOS]

In a number of bold operations, the NDLEA has detained multiple suspects and stopped massive…

7 hours ago