APC Chieftain To Tinubu: Nigeria Will Burn If Electricity Subsidy Is Removed
A chieftain of the All Progressives Congress (APC), Ibrahim Tajudeen Shola has warned against any attempt aimed at the removal of electricity subsidy in the country.
Tajudeen Shola said that such a move would only succeed in escalating the already unbearable sufferings of the poor masses which would lead to serious and uncontrollable chaos in Nigeria.
He therefore advised President Bola Ahmed Tinubu against pandering to the whims and caprices of the International Monetary Fund (IMF) recommendation towards the removal of electricity subsidy.
Tajudeen Shola’s positions were contained in an open letter to President Tinubu in which he noted recent report by the IMF stressing the need to eliminate fuel and electricity subsidies to redirect resources towards more targeted and impactful social welfare programs.
He stressed that removing electricity subsidies would impose an unbearable burden on the already strained finances of the ordinary Nigerians.
In the words of Shola; “The timing of such a proposal is unfortunate, considering the widespread frustration and disillusionment among Nigerians due to the government’s inability to provide essential services.
“Any further austerity measures could push the populace to the breaking point and lead to social unrest. We don’t need a soothsayer to know and understand that the removal of subsidy on electricity is likely to ignite widespread social unrest and civil disobedience.
“Nigeria is already grappling with a myriad of economic challenges, including high unemployment rates, sluggish growth, and a depreciating currency.
“The removal of electricity subsidies would only serve to exacerbate these issues, further eroding purchasing power and deepening the economic hardship faced by the average citizen,” Shola said.
