Atiku’s subsidy plan could revive fuel queues, weaken wage payments — Yilwatda

Nentawe Yilwatda, nationalist president of the All Progressives Congress (APC), has warned that erstwhile Vice-President Atiku Abubakar’s program to reconstruct the petrol subsidy could bring backmost substance queues and marque it harder for governments to wage the existent minimum wage.

Yilwatda spoke successful Abuja portion receiving a delegation of economical stakeholders who visited him to sermon Nigeria’s economy, ongoing reforms and ways to execute sustainable economical growth.

Atiku, the African Democratic Congress (ADC) statesmanlike candidate, precocious said helium would reconstruct the petrol subsidy if elected president successful 2027.

He besides accused the Federal Government of failing to decently relationship for the wealth saved from the removal of the subsidy. According to Atiku, the funds should person been utilized to trim poorness and enactment development.

President Bola Tinubu removed the petrol subsidy connected May 29, 2023. The determination led to a large summation successful petrol prices and pushed up transport and surviving costs.

Yilwatda said Nigerians should look beyond the imaginable short-term simplification successful petr...