Former Edo State Governor, Adams Oshiomhole, has advised Organised Labour and Nigerians not to expect a reversal of the current petroleum pump price to the old one.
In an interview with Channels Television’s Sunday Politics, Oshiomhole stated that the decision to remove fuel subsidy was made by the Muhammadu Buhari administration, and that the 2023 budget does not provide for fuel subsidy beyond May 31st.
He added that all leading presidential candidates during the electioneering period agreed to remove the subsidy, and that the savings from fuel subsidies can be channelled to meet the demands of wage increases and other sectors.
“I think Nigerians are aware that this year’s budget did not provide for subsidy throughout 2023. It ended in June.
“All the leading presidential candidates had during the electioneering season agreed to remove the subsidy. I remember the then candidate, Peter Obi saying he would remove it on the very first day. Atiku Abubakar and Bola Tinubu said the same thing,” Oshiomhole said.
The Trade Union Congress had asked the government to revert to the old petrol pump price of N194 per litre while it continues to negotiate over the recent increase, and to review the current minimum wage in a bid to cushion the effect of the petrol subsidy removal on Nigerian workers and Nigerians in general.
Article updated 2 days ago. Content is written and modified by multiple authors.
