Bring Back Fuel Subsidy, Utomi Tells Tinubu

By Augustine Akhilomen

…Says Nigeria’s Political Class Is Responsible For Nigerian Misery

A professor of political economy, Pat Utomi, has called on President Bola Ahmed Tinubu to bring back subsidies to petroleum products.

Recall that the President had announced on May 29, during his inaugural speech, that the fuel subsidy is gone.

However, fuel scarcities have been more frequent since Tinubu removed the costly fuel subsidies that saw the government pay billions of dollars a year to keep the price of gasoline artificially low.

Its price has since more than tripled in some states, with a knock-on effect on food and transport costs.

Speaking in an interview on Channels Television’s Politics Today, Utomi said that Nigeria’s political class is responsible for the Nigerian misery.

“The first thing to do is to recognize essential things that Nigerians need fuel for. I will subsidise those things,” he said on Channels Television’s Politics Today.

“There will be a subsidy. The Americans have subsidies for agriculture; it is a matter of where you direct it to.”

“Nigeria’s political class is responsible for the Nigerian misery. The political class has failed the country.

“Look at the choices we have repeatedly made; look at the kind of National Assembly that we have. The political class needs to come out publicly before the country.

“In South-East Asia, people will come out and do a humiliation from what the public has suffered as a result of the irresponsibility of the political class in Nigeria.”