Subsidy: History will be kinder to President Buhari says Presidency

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Amidst building tension over the hike in the price of petrol also known as Premium Motor Spirit (PMS) and electricity tariff, the Presidency said on Sunday that history will be kinder to President Muhammadu Buhari than those opposed to some bold decisions made by his administration.

The statement which indirectly foreclosed any possible review of last week’s increases which clearly stunned most Nigerians especially coming at a time when the nation is just recovering from the COVID-19 lockdown, praised the president for demonstrating the “right courage”.

The Senior Special Assistant to the President on Media and Publicity, Garba Shehu, stated these in a statement titled “History will be kinder to President Buhari than his critics are prepared to be” said while successive governments prevaricated over the decision, President Buhari had decided to take the bull by the horn.

Stating that such decisions were long overdue, Shehu in the statement described the decisions as necessary.

He further explained that the Buhari 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.

“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.

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“Subsidy removal in these sectors had long been foreseen by successive administrations as game changers in search of solutions to move forward with the nation’s development. These are reforms that are necessary and overdue. Blueprint upon blueprint, timeline upon timeline had come and gone but courage to take bold decisions was not there.”

Shehu recalled that in the last few days, there have been claims within the online community, 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.

He added, “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.

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“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.”

 

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