Reno Omokri Insists Fuel Subsidy Must Go Before Nigeria Collapses From Excess Debt

Related stories

Jubilation As FG Releases N50bn To Clear ASUU, Other Varsity Staff Allowances

By Kolawole Ojebisi The Minister of Education, Dr Maruf Alausa,...

Niger Gov. Backtracks On Deadlocks Ban Amid Public Outrage

By Kolawole Ojebisi Niger State Governor, Umar Bago, has revoked...

5 countries where $2,000 a month lets you retire in style

Have you ever daydreamed about sipping coffee by a...

Death of the Poor Pontiff Pope Francis

By Uzor Maxim Uzoatu The Vatican shocked the world when...

Reno Omokri, a former aide to ex-President, Goodluck Jonathan and a strong critic of President Asiwaju Bola Ahmed Tinubu has however thrown his weight behind the Federal Government, FG’s decision to remove fuel subsidy.

The former Presidential aide said he was aware that Tinubu joined others to scuttle Jonathan’s attempt to stop subsidy in the past but this is not the time for vengeance.

Omokri who said people should leave politics out of the discussion stressed that Nigerians must accept the new fuel price if they don’t want future generations to suffer trying to offset high foreign debts they inherited from subsidy payments.

According to him, most government borrowings were aimed at funding the oil subsidy and it is only reasonable to see that the subsidy regime has bloated our debt portfolio.

Omokri in a tweet on Wednesday, said it was naive to complaint about the nation’s rising debt but still insist that subsidy be allowed to remain. “When you complain that our foreign debt exploded under Buhari and you are now fuming that fuel price has gone up under Tinubu, you show you are immature and do not understand the causal relationship between action and consequences.

“You can’t have it both ways. Much of our borrowing was to fund fuel subsidy. If you don’t want an unsustainable debt that neither our children nor we can pay, you MUST accept the new fuel prices.

“Nigeria MUST remove partisan politics from fuel, electric power generation, and Ajaokuta Steel Company. Because without tackling those three things, we can never grow to meet our potential.

“I know that Buhari, Tinubu, Tunde Bakare, and co did it to us. But I am not on a revenge mission. I am on a rescue mission.

“If you don’t like it, go to Peter Obi’s Next Supermarket, buy a can of energy drink, and then use that energy to walk. Simple!”

Hamilton Nwosa
Hamilton Nwosa
Hamilton Nwosa is an experienced, and committed communication, business, administrative, data and research specialist . His deep knowledge of the intersection between communication, business, data, and journalism are quite profound. His passion for professional excellence remains the guiding principle of his work, and in the course of his career spanning sectors such as administration, tourism, business management, communication and journalism, Hamilton has won key awards. He is a delightful writer, researcher and data analyst. He loves team-work, problem-solving, organizational management, communication strategy, and enjoys travelling. He can be reached at: hamilton_68@yahoo.com

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

[tds_leads input_placeholder="Your email address" btn_horiz_align="content-horiz-center" pp_msg="SSd2ZSUyMHJlYWQlMjBhbmQlMjBhY2NlcHQlMjB0aGUlMjAlM0NhJTIwaHJlZiUzRCUyMiUyMyUyMiUzRVByaXZhY3klMjBQb2xpY3klM0MlMkZhJTNFLg==" pp_checkbox="yes" tdc_css="eyJhbGwiOnsibWFyZ2luLXRvcCI6IjMwIiwibWFyZ2luLWJvdHRvbSI6IjQwIiwiZGlzcGxheSI6IiJ9LCJwb3J0cmFpdCI6eyJtYXJnaW4tdG9wIjoiMTUiLCJtYXJnaW4tYm90dG9tIjoiMjUiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0X21heF93aWR0aCI6MTAxOCwicG9ydHJhaXRfbWluX3dpZHRoIjo3NjgsImxhbmRzY2FwZSI6eyJtYXJnaW4tdG9wIjoiMjAiLCJtYXJnaW4tYm90dG9tIjoiMzAiLCJkaXNwbGF5IjoiIn0sImxhbmRzY2FwZV9tYXhfd2lkdGgiOjExNDAsImxhbmRzY2FwZV9taW5fd2lkdGgiOjEwMTksInBob25lIjp7Im1hcmdpbi10b3AiOiIyMCIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3Njd9" display="column" gap="eyJhbGwiOiIyMCIsInBvcnRyYWl0IjoiMTAiLCJsYW5kc2NhcGUiOiIxNSJ9" f_msg_font_family="downtown-sans-serif-font_global" f_input_font_family="downtown-sans-serif-font_global" f_btn_font_family="downtown-sans-serif-font_global" f_pp_font_family="downtown-serif-font_global" f_pp_font_size="eyJhbGwiOiIxNSIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_weight="700" f_btn_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_transform="uppercase" btn_text="Unlock All" btn_bg="#000000" btn_padd="eyJhbGwiOiIxOCIsImxhbmRzY2FwZSI6IjE0IiwicG9ydHJhaXQiOiIxNCJ9" input_padd="eyJhbGwiOiIxNSIsImxhbmRzY2FwZSI6IjEyIiwicG9ydHJhaXQiOiIxMCJ9" pp_check_color_a="#000000" f_pp_font_weight="600" pp_check_square="#000000" msg_composer="" pp_check_color="rgba(0,0,0,0.56)" msg_succ_radius="0" msg_err_radius="0" input_border="1" f_unsub_font_family="downtown-sans-serif-font_global" f_msg_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_size="eyJhbGwiOiIxNCIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_weight="500" f_msg_font_weight="500" f_unsub_font_weight="500"]

Latest stories

Latest News
Jubilation As FG Releases N50bn To Clear ASUU, Other Varsity Staff AllowancesNiger Gov. Backtracks On Deadlocks Ban Amid Public OutrageNiger State Governor Umaru Bago Orders Burnaboy, Jay-z, Faze, Victor Moses, Timaya, Solidstar, Rema, Others Arrested if Found in Niger State5 countries where $2,000 a month lets you retire in styleDeath of the Poor Pontiff Pope FrancisWhy was everything about Jesus made so controversial?Just In! Oborevwori, Deputy, Okowa, Manager, Others Dump PDP For APCAGF Vows To Look Into Petition Demanding Ex-NNPCL Boss Kyari's ProbeAlia To FG: Benue Needs Your 'Absolute Support', Not Emergency RuleEx-Governor Ortom Cancels 64th Birthday Celebration Amid Benue KillingsDetails As Finnish Court Approves Simon Ekpa’s Extradition to Nigeria, Sets Return Date for July 2025Oil Prices Stabilize on Short-Covering and an OPEC+ Output DeclineGood Governance and Development in Nigeria Compared to Some African and Global CountriesAlleged Misconduct: Ghana President Suspends S'Court Chief Justice As Investigation BeginsStop Casting Aspersions On N'ASS Based On Personal Frustrations, Senate Replies Bakare
X whatsapp