The House of Representatives has commended President Bola Tinubu for his courage in removing the subsidy on Premium Motor Spirit (PMS), popularly called petrol, with the intention to serve Nigeria with honesty and integrity.
This followed the adoption of an urgent motion of public importance by Abdulraheem Olajide (APC-Lagos) at plenary in Abuja on Tuesday, May 30.
President Tinubu, in his inaugural speech shortly after his swearing-in in Abuja on Monday, May 29, declared that “fuel subsidy is gone”.
He stated that there was no provision for fuel subsidy in the budget he is inheriting from his predecessor, Muhammadu Buhari.
The president said the money being spent on subsidy would be channelled to other use, especially on education, health, and infrastructure.
The declaration has since generated mixed feelings as the effect was being felt with oil marketers and filling stations shutting down, resulting in queues, while some stations had already hiked their prices.
READ ALSO: Subsidy: Petrol queues linger, marketers sell N350 per litre
However, Olajide, while presenting the motion, said President Tinubu was a concerned senior citizen whose agenda was to favour the downtrodden for the purpose of humanity.
He said there was no provision for fuel subsidy in the 2023 budget, adding that the 9th Assembly and the past administration gave it legal backing.
The lawmaker stated that any legislative action in support of the president to deliver dividends of democracy to Nigerians would go a long way in enhancing development.
Olajide said: “The president is concerned about the masses and has meaningful objective to utilise Nigeria funds appropriately with budgetary reforms agenda on education, health, and infrastructure
“Others include agriculture, food, security and above all security of lives and property as embedded in the constitution.”
The House congratulated Tinubu on his readiness for the tasks ahead in service of humanity.
The House also appealed to Nigerians to remain patient, resilient, and prayerful so that the president could deliver on his promises.
- EFCC chair: How Yahaya Bello declined invitation for interrogation - April 23, 2024
- EFCC chairman: I’ll resign if Yahaya Bello is not prosecuted - April 23, 2024
- EFCC: Yahaya Bello withdrew $720,000 from Kogi account to pay child’s school fee - April 23, 2024
