The All Progressives Congress Presidential Campaign Council says president-elect Bola Tinubu will decide on subsidy removal after his inauguration on May 29.
The Chief Spokesperson for the All Progressives Congress PCC, Festus Keyamo, on Sunday, who made this known, said the incoming government would determine the terminal date for the subsidy regime.
This is coming after the President Muhammadu Buhari administration said the subsidy policy would end by June when the budget for the initiative would lapse.
PENGASSAN’s President, Festus Osifo, who said this at the National Executive Council meeting of the association in Abuja, implored the government to ensure the speedy rehabilitation of Nigeria’s refineries, stressing that this would help ease the hardship that could arise from the halt of fuel subsidy.
But speaking with newsmen, Keyamo said “It is one of the policies by which we campaigned. I cannot sit here and tell you when exactly it will be done. But the removal of subsidies is something that the president-elect pledged to do. Not only him. Virtually all the leading presidential candidates took the same position.
“Why the FG targeted June (to end subsidy) was that the budget only provided for subsidy up to June. That was the reason. But the new government will decide when it wants to. Of course, you know that when a new government takes over, the country is at its beck and call. Yes, I agree that government is a continuum. But all policies are not a continuum.”
