Senior Advocate of Nigeria (SAN) Femi Falana has discussed the TInubu administration’s elimination of fuel subsidies. CONTINUE FULL READING>>>>>
Falana brought attention to a precedent from the time of the late military Head of State, General Sani Abacha, in a film that was recently posted on YouTube by Sahara TV. He remembered that despite Abacha’s contentious leadership, a system known as the Petroleum Trust Fund (PTF) was set up to manage and use money obtained from the removal of fuel subsidies for the nation’s vital infrastructure development and upkeep.
Falana expressed concern over the current situation, stating that the public was initially informed that the funds generated from the removal of subsidy would be channeled to address issues like unemployment, insecurity, and food crises. He emphasized the need for citizens to demand transparency and accountability in ensuring that the benefits promised from the removal of fuel subsidy are effectively utilized for the betterment of the country
In Falana’s words: “When we had a situation like this under Abacha, as bad as he was, he set up PTF. The gains of fuel subsidy then were kept and used to address the infrastructural crisis in the country. So this time around we are demanding for our rights because what they told us is that subsidy is gone and the gains of subsidy will be used to address problems of employment, insecurity, food crisis, and so on”.CONTINUE FULL READING>>>>>
