December 26, 2024
Subsidy Removal: FG to disburse $800m to 50m Nigerians as palliative

Subsidy Removal: FG to disburse $800m to 50m Nigerians as palliative

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The Minister of Finance, Budget, and National Planning, Zainab Ahmed, has said that the Buhari-led government has done extremely well as the growth indices indicate that the country is moving forward.

Ahmed said this when she appeared on Channels TV this evening. When asked if it is right for any Nigerian to be disappointed in this government, she responded

”I think this government has been unfairly assessed and unfairly treated. The government of President Muhammadu Buhari has done extremely well. If you look at the growth indicators of the country, they are all positive. Things are improving. It’s just that people want to see improvements like between today and tomorrow, It doesn’t work like that because the degradation didn’t happen overnight.

Where we are right now didn’t happen overnight. It was a process. So the improvement is a process. It is sad that some people are suffering but we really need to do what we have to do now so that everybody would have relief in the medium term and long term.”

On the rising cost of food prices, Ahmed said President Buhari is ”pained” by this

”I sympathise with the citizens. The President is pained by the hardship that citizens undertake especially in terms of food prices. When you look at why food prices are high. There are several consequencial reasons but one of the major reasons is the cost of transportation of moving goods from farms to market.”

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