Shehu Sani slams World Bank over pressures to increase taxes, pump price of petrol in Nigeria

Senator Shehu Sani has slammed the World Bank over the pressure on the Nigerian government to increase taxes, remove subsidy where it exists, and increase the pump price of petrol higher.

Sani recalled that the World Bank alerted about poverty levels rising to 104 million of a population of 223 million in Nigeria after the sudden removal of petrol subsidy by President Bola Tinubu which caused immediate rise in the cost of living.

Sani cautioned of the consequences of further exposing Nigerian citizens to more hardship and suffering.

Sani, in a statement wrote:

Senator Shehu Sani

@ShehuSani

“The World Bank is insouciant telling Our Nigerian Government to raise taxes, withdraw subsidies on everything and just increase the price of PMS, known as petrol.

“It’s the same World Bank that alerted about poverty levels rising to 104 million out of a population of 223 million as a result of the rise in the cost of living brought about by the economic reforms.

“The World Bank kingpins comfortably sit in their office and think of the economy as game of Chess and not about people, their families and their lives.

“At present, the Government is managing a Grenade with care and now telling it to remove the pin.

“Where would the World Bank be if the country is plunged into further chaos in a nation currently battling with security challenges?”