A member of the House of Representatives, Hon. Yusuf Gagdi, said President Bola Tinubu would at a particular time make to account for how his administration use purported trillions of naira saved from the removal of fuel subsidy.
Gagdi, a chieftain of the ruling All Progressives Congress (APC), and Chairman of the House Committee on Navy, declared this in an interview with BBC Hausa.
He remarked that the subsidy when in place was a criminal enterprise prospering few elite at the expense of the critical masses, adding that at the fullness of time, Tinubu would be made to account for the gains accruing from the stoppage.
According to him, “I am one of many Nigerians who support the removal of fuel subsidy because I believe it is a form of theft. I swear that the subsidy is not doing any good for poor people of Nigeria.
“In the committee that I chair in the House of Representatives, I have learned a great deal about fuel subsidy. I know who is really benefiting from this subsidy, and it is not the Nigerian people. It is a small number of elites who are using the subsidy to amass wealth for themselves.
“Despite my support for subsidy removal, there will come a time when I will ask Asiwaju (Bola Tinubu), on behalf of the Nigerian people, about the savings from the removal of subsidy. We have been signing for these savings since the Buhari administration, and they have totaled 1, 6, and 10 trillion naira. What will the Nigerian people see physically done with these monies?
“I swear that there will come a time when we will hold the Nigerian government accountable for its actions. We will ask them what they did with these monies.
“If fuel subsidy is removed, the poor should see the results in the form of renovated roads, new schools, new hospitals, and the establishment of new companies. This will create jobs for Nigerians so that they will not have to rely on the government for handouts.”
