President Muhammadu Buhari has demonstrated “right courage” to take recent decision that led to hike in the fuel price, electricity tariff amongst other, the presidency has claimed on Sunday.

Presidency said, such decision ought to be taken by successive administrations before Buhari’s lacked courage to take bold decisions.

President Buhari’s Senior Special Adviser on Media and Publicity mallam Garba Shehu, disclose this in a statement, titled, “History will be kinder to President Buhari than his critics are prepared to be,” on Sunday, September 6.

Shehu was reacting to criticisms that trailed recent hike in fuel price and electricity tariff.

He described the reforms that led to the hike in prices as “necessary and overdue.”

Buhari’s aide claimed that his boss regime has worked hard to meet many expectations within its five years but that there are still “certain tough decisions” that must be taken to reposition the country.

Shehu recalled that, within the last few days Buhari’s regime action has generated an outrage on social media, amongst Nigerians, sections of the labour movement and the opposition that the regime’s actions are ill-timed and ill-advised.

He said the country was currently fighting multiple challenges along with COVID-19, including low earnings, near-collapse of the oil market, floods, threats of terrorism and banditry.

Notwithstanding these challenges, he said a good government must take decisions for the people’s good.

The statement reads:

“The All Progressives Congress came to power in 2015 defeating an incumbent administration amidst very high expectations from President Muhammadu Buhari.

“Five years on, the administration has worked hard to meet many expectations, but still, there are certain tough decisions which had to be taken to put back the country on the path of sustainable development.

“To stop the mismanagement of taxpayer money, eliminate corruption associated with subsidies on petroleum products, power, fertilizer among others, the administration took the decision to implement long-delayed reforms, withdraw and allow the market to determine their prices.

“As President, Muhammadu Buhari takes these difficult decisions, both popular and unpopular and as a leader because he is demonstrating the right courage to take such decisions as they become necessary in view of present circumstances.

“History will be kind to President Buhari because in addition to his amazing ability to command votes, he will be remembered as the President who made real contributions to economic and overall national development by eliminating the evils of corruption embedded in subsidies.

“In any democracy, the most important certificate in governance is acceptance by the people and, with the support of ordinary Nigerians, President Buhari has shown a rare determination to carry out the bold initiatives as these ones driven by nothing other than the greatest good for the greatest number of people.

“In carrying out the reforms, the President needs the support and understanding of all citizens-inclusive of the opposition parties, the labour movement and civil society groups.

“In these challenging times, the President is pushing development goals not politics and history will judge him in favourable terms rather than his critics in the new media and the opposition.”

source: https://insidenaija.com.ng/fuel-subsidy-successive-government-lack-right-courage-to-do-the-needful-presidency/

Not sure I read that

See talk

If you have Electricity increased 100%, and fuel increased aswell, alongside exchange rate for raw material at $440, dont you think you would be causing hyper inflation from larger companies alongside killing off a lot of Small scale productions?..

When you add that to the rate of unemployment, poverty level, insecurity, internally displaced... what then are you aiming to achieve?