FUEL SUBSIDY: HOW GOVT CAN SHOW KINDNESS.
FUEL SUBSIDY: HOW GOVT CAN SHOW KINDNESS.
So much debates are in the public space with respect to the Federal Government/NNPCL announcement of removal of subsidy on Premium Motor Spirit (PMS).
While some welcome the idea, some condemned it - not even at this time.
This idea of removal of the subsidy to the large extent will be of great advantage - provided Government can be truthful in redirecting the funds into the economy sectors that less privileged ones can benefit greatly.
I may not dabble into the whole subsidy removal in this post.
However, I have one advice for Government, especially, Lagos State, that everyone is currently feeling the heat of the impromptu announcement which has the tendency to affect the cost of living.
I want to urge Gov. Babajide Sanwo-Olu to help cushion the effects of the increase on PMS by reducing the BRT Fair, not only that, additional BRT buses should be released into Lagos transport sector.
Since, PMS has adverse effects on commuters boarding public transports, respite can be done by subsidizing BRT buses fair.
If this was achieved few months ago during Naira scarcity - it can be achieved now as well.
At least, till we all adapt to this change - which we are known for.
The good thing about this idea is that it will serve as competition for commercial bus operators taking advantage of the situation.
When cost of transportation is lesser - cost of living will be more better.
MAY THIS ADMINISTRATION FAVOUR US. AMEN🙏
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