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House Of Reps Praise Tinubu On Subsidy Removal

POSTED ON May 30, 2023 •   Nigeria      BY Akinbohun Samuel

President Bola Tinubu has received praise from the House of Representatives for his decision to stop the subsidy on Premium Motor Spirit, often known as petrol.

The praise followed the unanimous passage of a resolution of urgent public concern proposed by Jimoh Olajide (APC/Lagos), a member of the House, during the plenary on Tuesday.

In his inauguration speech on Monday, Tinubu said that the gasoline subsidy was "gone," which sparked racketeering and panic purchasing across the petroleum product supply chain.

Tinubu's declaration that "subsidy is gone" at his inaugural speech at Eagle Square, Abuja, shortly after becoming Nigeria's 16th president, sparked racketeering and panic purchasing in the petroleum product supply chain.

Olajide moved the motion, claiming Tinubu "is a concerned senior citizen whose agenda is to favor the downtrodden for the purpose of humanity," noting that the subsidy has received legal support from the current 9th National Assembly and the Buhari-led government.

"The House is convinced that additional legislative actions supporting Mr. President in delivering democracy's dividends will go a long way in enhancing development," he said, adding that he had called for it and advocated for it throughout the campaign. And he is prepared for the challenge at hand.

"The House is persuaded that President Bola Ahmed Tinubu, the tutor-general of Nigerian politics, cares about the general populace and has a meaningful objective to use Nigeria funds appropriately, with a budgetary reform agenda on education, health, infrastructure, agriculture, food, security, and, most importantly, security of lives and property as embedded in the Constitution."

Olajide asked the House to "salute his courage and boldness to serve our country Nigeria with honesty and integrity" and to "congratulate him for his readiness for the national task ahead and service to humanity."

The legislator therefore asked the House to "appeal to Nigerians to remain patient, resilient, and prayerful so that the President can deliver on his promises."

The motion and the prayers were approved by all of the lawmakers.

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