Business

Shettima: We’re prepared for fuel subsidy scam beneficiaries

Vice President Kashim Shettima has declared that the Bola Tinubu administration is prepared to face fierce opposition from beneficiaries of fuel subsidy scam.

Shettima spoke on Tuesday, May 30 after he assumed duties at the Office of the Vice President, Presidential Villa, Abuja.

President Tinubu had on Monday shortly after his inauguration declared that subsidy on fuel is gone.

Shettima, who fielded questions from State House correspondents, said that the president had already made pronouncement on the fuel subsidy.

He said: “The truth of the matter is that we either get rid of fuel subsidy or fuel subsidy gets rid of the Nigerian nation.

“And we know the consequences of unveiling a masquerade; we will face fierce opposition from those benefitting from the oil scam, fuel subsidy scam but where there is will, there is a way.

“Be rest assured that our president is a man of strong will and conviction; in the fullness of time, you will come to appreciate his noble intentions for the nation.

“The issue of fuel subsidy is going to be pointedly addressed; the earlier we do so, the better.”

Subsidy: Petrol queues linger, marketers sell N350 per litre

On multiple exchange rates, he said there was need to collapse it into one.

He said that the new administration would soon unveil its agenda.

“The president is going to unveil his agenda because as I have always said, there can never be two captains on the same ship.

“He is the President and Commander-in-Chief on the Armed Forces; as the vice president, your relevance is directly proportional to your level of loyalty to your principal.

“This is a gentleman that I have known for over a decade; that I have interacted closely with; be rest assured that we are going to work harmoniously as a team, as a family for the greater good of our nation,” he said.

The Star

Editor

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