Home News Subsidy removal: Palliatives not enough to address poverty – Shehu Sani

Subsidy removal: Palliatives not enough to address poverty – Shehu Sani

by Admin

By fabulous reporter

A former lawmaker representing Kaduna Central, Senator Shehu Sani, has faulted the federal government’s planned palliatives to cushion the effect of fuel subsidy removal on Nigerians.

Owing to the announcement by President Bola Tinubu to immediately stop the payment of subsidy on petrol on May 29, the price of the essential commodity had jumped from below N200 per litre at NNPC outlets and many stations across the country to the N500 range.

The situation worsened on Tuesday when the Nigeria National Petroleum Company Limited (NNPCL) adjusted the petrol price to N617.

Worried by the situation, Tinubu promised a monthly transfer of N8,000 to 12 million of the poorest households in the country for six months, in a bid to cushion the effects of the removal of fuel subsidy.

However, Shehu who appeared as a guest on Channels Television said the palliatives aren’t enough to address the poverty in the land.

“Palliatives are not enough to address the problems of poverty in this country,” Shehu said.

“Even if you go by the layout plan, you share N8,000 to a number of people, let us say 20 million for a period of time, then what becomes of other Nigerians that are not within that cycle of beneficiaries?”

“What will become of Nigerians after expiration – the money has been exhausted? I believe that palliative measures should have both short-term and long-term issues.”

In the long term, the former lawmaker asked the federal government to increase workers’ salaries, assist farmers in food production as well as focus on agriculture.

During the programme, Shehu said the planned move to retrieve the loan from the World Bank and share it with Nigerians will be suicidal.

Meanwhile, the National Executive Council (NEC) has agreed on palliative measures for Nigerians.

NEC also considered integrity tests on state social registers, cash transfers would be done via state social registers subject to state peculiarities.

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