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Economy: Subsidy Beneficiaries, Smugglers Fighting Back, Says Tinubu


President Bola Tinubu yesterday alleged that smugglers and beneficiaries of the old petrol subsidy were beginning to fight back, but vowed that his administration would not abuse the trust Nigerians reposed in him.

Tinubu, during a meeting with the Forum of State Chairmen of the All Progressives Congress (APC) at the State House in Abuja, said that Nigeria would prevail against the agents of destabilization allegedly working to sabotage efforts at repositioning the economy.

The President, according to his Special Adviser on Media and Publicity, Ajuri Ngelale, said his administration was deploying resources to critical sectors and areas with significant impact on the welfare of Nigerians, describing the nation’s treasury as sacrosanct.

He assured Nigerians that his government was working round the clock to improve their living conditions, and asked leaders at the grassroots to encourage citizens to get their National Identification Number (NIN) for planning, structuring interventions and to achieve their full integration into various relief programmes.

“As we are fighting corruption, smugglers and old subsidy beneficiaries, they most certainly will fight back,” Tinubu was quoted as saying.

Continuing, he said: “All those who falsified records and became losers with the subsidy (on petroleum products) removal, they will fight back.

“But we will defend our people. The treasury belongs to the people, and that sacred trust must not be abused.

“I urge the state chairmen that regardless of party affiliation, let us help citizens by mobilizing them for NIN registration. Not just PVCs. Some are poor Nigerians who have not experienced formal education and have no understanding of what NIN is and how it will benefit their lives. We must teach them. We must care for them.

Read Also: Aisha Buhari welcomes grand-child as Tinubu’s wife
“Without NIN, we cannot embark on social security interventions for the vulnerable. We will be making faulty moves without accurate data and iron-clad, digital intervention structures.

“I have established a committee of governors, and it is headed by the Vice President, Sen. Kashim Shettima. It is working on what must be done to further lift our people.

“We need to give hope, and we are giving it to the country and our citizens. We are working hard, day and night, even though some agents of destabilization are present in the polity. Nigerians, with our focused support, shall defeat them. 

“The programme of our government will be truly progressive; student loans, a national consumer credit system, and social welfare for the unemployed, as well as graduates. Every Nigerian will find a place of belonging in our country.

“In the eye of even the biggest hurricane, we will find that place of tranquility and prosperous harmony for the benefit of all. Nigerians will all partake on this national journey to prosperity.”

Speaking on the central role of agriculture in expanding and accelerating Nigeria’s economic growth, President Tinubu told the party chiefs led by the National Chairman of the APC, Dr. Abdullahi Ganduje that his government had already drawn up a blueprint for large-scale livestock farming, which will be activated soon.

His words: “We are bringing mechanized farming to the fore. Yesterday’s crisis will become today’s opportunity.

“Fertilizers are being supplied to farmers as we speak. Agriculture and economic diversification provide the answers to our problems. We will not continue to import food. We know how to turn lack into abundance, and the world will watch us do it again.”

Also speaking, Ganduje said the party was poised to establish a Progressive Institute of Policy and Development for the benefit of its members and the broader Nigerian public.

The Forum of APC State Chairmen congratulated the President on his victory at the polls, the election petitions court , and  the Supreme Court. NATION

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