• News
  • Article
  • Business
  • Health
  • Politics
  • Achievement/Profile
  • Sports
  • Features
  • Adverts
Menu
  • News
  • Article
  • Business
  • Health
  • Politics
  • Achievement/Profile
  • Sports
  • Features
  • Adverts
Home News

Tinubu’s Government Will Remove Subsidy – Adamu Garba

Omotayo Daranjo by Omotayo Daranjo
May 22, 2023
in News
0
Tinubu’s Government Will Remove Subsidy – Adamu Garba
0
SHARES
46
VIEWS
Share on FacebookShare on Twitter

The former Deputy Director, Media, APC Independent Campaign Council, spoke as a guest on Channels Television’s Sunrise Daily on Monday.

Adamu Garba, a chieftain of the All Progressives Congress (APC) has assured that Bola Tinubu’s government will remove subsidy. 

READ ALSO

I’ll Crush Any Attempt to Rebuild Iran’s Nuclear Programme – Israel PM, Netanyahu

94 Victorious Super Eagles: FG Hands Over Housing Unit To Efan Ekoku

He gave the assurance on Monday while speaking as a guest on Channels Television’s Sunrise Daily.

“It is a stand that the next administration is going to remove subsidy. It was made very clear in the statement of the incoming president. He [Bola Tinubu] made it clear in many places that he is going to remove subsidies,” he said.

The former senator said that if the removal of fuel subsidy comes alive, the Dangote Refinery would supplant it.

“The subsidy became a problem for Nigeria because of the excessive use of forex. And the fact that we are going to remove the subsidy and still use naira to transact internally with Dangote Refinery, I think it is going to have a smooth sell,” he said.

“Government is not the very easiest partner in running private businesses and I think the government took the best approach by privatising NNPC, and then also investing in the Dangote refinery and bringing in the mainstream.

“We can’t expect a plant to start now and then have the perfect production of full capacities for 650,000 barrels. But again, we have started something that is unimaginable in the history of Nigeria.

“We even have our own local refinery that refused to work simply because of the interest of the international market that constantly works to make sure that we don’t operate our refinery.

“Now that the market is free, there is an enabling law that would drive this free market system.”

Related Posts

News

I’ll Crush Any Attempt to Rebuild Iran’s Nuclear Programme – Israel PM, Netanyahu

June 25, 2025
94 Victorious Super Eagles: FG Hands Over Housing Unit To Efan Ekoku
News

94 Victorious Super Eagles: FG Hands Over Housing Unit To Efan Ekoku

June 25, 2025
You lack moral ground to criticise Tinubu, Shehu Sani fires back at El-Rufai, Amaechi
News

2027: Put your houses in order, stop accusing Tinubu – Shehu Sani tells PDP, LP, others

June 25, 2025
Mixed reactions trail Makinde’s plan to renovate government house with N63.5b
News

Mixed reactions trail Makinde’s plan to renovate government house with N63.5b

June 25, 2025
Zenith Recognised Most Sustainable Bank in Nigeria for 2nd time in the International Banker Awards 2024
News

Zenith Bank to exit CBN’s regulatory forbearance by 30th June, assures shareholders of continued dividend payout

June 20, 2025
Ex-VP Namadi Sambo denies defection to APC, pledges loyalty to PDP
News

Ex-VP Namadi Sambo denies defection to APC, pledges loyalty to PDP

June 20, 2025
Next Post
Declare your assets before May 29 – CCB to Tinubu, Shettima, Governors

Declare your assets before May 29 – CCB to Tinubu, Shettima, Governors

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

The Trumpet International Magazine is a real-time and comprehensive news magazine. It is an independent, national news provider for Africans, reporting daily developments and events in South Africa and other African Countries and their Citizens based in South Africa.

Categories

  • News
  • Article
  • Business
  • Health
  • Politics
  • Achievement/Profile
  • Sports
  • Features
  • Adverts
Menu
  • News
  • Article
  • Business
  • Health
  • Politics
  • Achievement/Profile
  • Sports
  • Features
  • Adverts

Recent Post

I’ll Crush Any Attempt to Rebuild Iran’s Nuclear Programme – Israel PM, Netanyahu

94 Victorious Super Eagles: FG Hands Over Housing Unit To Efan Ekoku

2027: Put your houses in order, stop accusing Tinubu – Shehu Sani tells PDP, LP, others

Mixed reactions trail Makinde’s plan to renovate government house with N63.5b

Zenith Bank to exit CBN’s regulatory forbearance by 30th June, assures shareholders of continued dividend payout

I’ll Crush Any Attempt to Rebuild Iran’s Nuclear Programme – Israel PM, Netanyahu

Netanyahu declared that Israel remains firmly committed to

Read More »

Trumpet Magazine | © 2021.

Facebook Twitter Youtube Linkedin Instagram

Add New Playlist