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Oshiomhole assures FG will resolve controversies over petrol subsidy removal



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Former Governor Adams Oshiomhole of Edo State, on Sunday, assured that the federal government will resolve controversies over the removal of petrol subsidy quickly with the Organized Labour.
Oshiomhole, former National Chairman of the All Progressives Congress (APC), speaking on Channels Television, emphasised that President Bola Tinubu “is aware of the impact the withdrawal of fuel subsidy is having on Nigerians and is determined to take immediate action to cushion it.”
According to the newly elected senator, “This president recognizes that the effect of the withdrawal is already here; people are already going through some level of discomfort and therefore there has to be an immediate solution to it.
“Now that immediate solution is what we discussed and the fact that we are meeting on Tuesday again shows that clearly, we realize that this is not one of those things you want to buy time because it has a real negative impact, on particularly, the most vulnerable group.
“But we have a solution to it because you are going to make savings, so take from that savings or even if it is borrowing. So, whatever it is, you can leverage some revenue and improve wages to cushion the cost of living, I think it is legitimate, I think it is doable, it is not something that you want to spend two to three months negotiating.” Oshiomhole said.
Oshiomhole, after participating in the meeting between the federal government and the Trade Union Congress (TUC) on Sunday, expressed optimism that “he meeting was productive; stating that the government will consider all the demands of the TUC and revert on Tuesday.
The former President of the Nigerian Labour Congress (NLC) was of the view that “if Nigeria can save about N7 trillion by ending subsidy, the Federal Government can take part of that money and put in the wage sector “because those savings will go into the federation account which will be distributed among the three tiers of government and so every tier of government will have more money and should be able to meet the consequential increase in wages”.
Channels TV

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