Former Minister of Transportation, Rotimi Amaechi, has outlined how he would have approached the removal of fuel subsidies if he had become Nigeria’s President in 2023.
Amaechi stated that his strategy would have included introducing social housing programs and creating employment opportunities to ease the impact on citizens. He emphasized that these measures would serve as a cushion for the economic effects of the subsidy removal.
He said,“There is nobody that would have become president that would not have removed the subsidy. What I don’t know is what time was appropriate for the removal. How prepared was the Tinubu government when he announced the removal?
“My wife and children asked me what I would have done differently. My response was this: I would remove the subsidy, but I would not remove it without social housing
“Why? With the money saved from subsidy removal and Naira devaluation, it could be used to build between 200,000 and 300,000 houses
