The Senator-elect for Delta Central Senatorial District, Ede Dafinone, has hailed President Bola Ahmed Tinubu for his bold decision over fuel subsidy removal, noting that while it's has painful effects on Nigerians, the pain will be temporary.
Dele OgunyemiThe Senator-elect for Delta Central Senatorial District, Ede Dafinone, has hailed President Bola Ahmed Tinubu for his bold decision over fuel subsidy removal, noting that while it’s has painful effects on Nigerians, the pain will be temporary.Dafinone, an economist and a renowned chartered accountant, maintained that there would never be a time fuel subsidy removal in the country would not bring about its associated but temporary pain to the citizens.
Consequently, Dafinone enjoined Nigerians to “be prepared to adjust to the painful future reality of buying fuel at higher prices,” adding, “No matter how long the decision is postponed, it is a hard decision that Nigeria must take as a nation, as the government cannot devote such a significant proportion of the annual budget to fund the fuel subsidy,” he insisted.
Concluding, Dafinone maintained, “His statement removes the uncertainty on a major component of government expenditure and would no doubt reassure our external creditors.
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