According to the vice president-elect, Kashim Shettima, the incoming administration led by Bola Tinubu will face two initial challenges: removing petrol subsidy and eliminating multiple exchange rate systems.
Shettima expressed his concerns during a public lecture and Juma’at prayer held at the National Mosque in Abuja, warning that the beginning of Tinubu’s administration may be difficult.
He acknowledged that these decisions may not be popular at first, but believes that in time, Nigerians will come to appreciate and celebrate the actions taken to address these issues, which he sees as a drain on the national economy.
“Be rest assured that in the fullness of time, Nigeria will pay glowing tributes to us. The starting point might not be rosy, let me be very honest with you.
“Oil subsidy is an albatross on our neck, the multiple exchange rate system is a drain on the national economy.
“There are certain decisions the president-elect will take, but in the fullness of time, Nigerians will not only appreciate but also celebrate us,” Shettima said.
This article was updated 3 months ago
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